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BBCNEWS Asia July 5, 2024

the closest estimation to sales figures. 0ur north american business correspondent reports. byd calls itself the biggest car brand you have never heard of. but that may be about to change. the chinese automaker sold more battery powered electric vehicles in the last three months of the year than tesla did. that is a first. the american company is facing headwinds, higher borrowing costs in the us led to slowing demand but its lesser known chinese rival is enjoying tail winds including a massive domestic market, cheap labour, and strong government support. and unlike tesla, byd makes its own batteries. so controlling that part of the supply chain gives byd more flexibility to cut prices which it did in the last part of the year, sending sales spiking. as my colleague has just reported, tesla s latest number puts byd ahead of the curve. the chinese ev maker reported around 3 million in sales last year but that number comprises both electric cars and hybrid vehicles. even ....

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BBCNEWS Asia July 5, 2024

is the closest estimation to its sales figures. 0ur north america business correspondent erin delmore reports. calls itself the big scarber brown you ve never heard of, but it may be about to change. more of vehicles in the last three months than tesla did. that s a first. the american company is facing headwinds, higher borrowing costs in the us led to spelling demand slowing demand. but the chinese rival is a gluing, enjoying tailwinds with them unlike tesla, byob makes its own batteries, so controlling that part of the supply gives byd more ability to cut prices. as my colleague erin hasjust reported, tesla s latest number puts byd ahead of the curve. the chinese ev maker reported around three million in sales last year, but that number comprises both electric cars and hybrid vehicles. but even as the competition us revving up, it s worth noting that in terms of overall deliveries in 2023, tesla still has byd beat. however, the chinese ev maker s could keep the mo ....

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BBCNEWS Asia July 5, 2024

are the closest estimation to its sales figures. 0ur north american business correspondent reports. byd calls itself the biggest car brand you have never heard of. but that may be about to change. the chinese automaker sold more battery powered electric vehicles in the last three months of the year than tesla did. that is a first. the american company is facing headwinds. higher borrowing costs in the us led to slowing demand but its lesser known chinese rival is enjoying tail winds, including a massive domestic market, cheap labour, and strong government support. and unlike tesla, byd makes its own batteries. so controlling that part of the supply chain gives byd more flexibility to cut prices, which it did in the last part of the year, sending sales spiking. as my colleague has just reported, tesla s latest number puts byd ahead of the curve. the chinese ev maker reported around 3 million in sales last year but that number comprises both electric cars and hybrid vehic ....

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BBCNEWS Asia Business Report June 4, 2024 00:40:00

Leaders from indulging. it sounds like it. . . leaders from indulging. it sounds like it. 100%. most clients i sounds like it. 10096. most clients i would sounds like it. 10096. most clients i would say sounds like it. 10096. most clients i would say in - sounds like it. 10096. most clients i would say in this - sounds like it. 10096. most| clients i would say in this day and clients i would say in this day and age clients i would say in this day and age are clients i would say in this day and age are not clients i would say in this day and age are not concerned i and age are not concerned around and age are not concerned around the and age are not concerned around the legal and age are not concerned around the legal pieces. . and age are not concerned i around the legal pieces. they respect around the legal pieces. they respect the around the legal pieces. they respect the laws. around the legal pieces. they respect the laws. that s - around the legal pieces. th ....

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BBCNEWS Asia Business Report June 4, 2024 01:40:00

Founders. 10096. most clients in this day and age are not - this day and age are not concerned around the legal pieces, with respect to the laws, it is a change from five plus years ago. a lot of advancement around the research and we see regulation change at different levels, local, state and national, over time. there are risks- and national, over time. there are risks. the and national, over time. there are risks. the unsupervised i and national, over time. there | are risks. the unsupervised use of recreational drugs could be psychologically damaging to those with certain mental conditions. but with renewed interest in psychedelics, advocates hope it will help gain mainstream acceptance. before we go let s take a look at the trading day in asia. the hang seng is down below 1% following on the lead from global markets. that is late primarily through the tech heavy nasdaq they treated much lower today. that is it for us on this edition of asia business report. thanks for watching ....

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