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Electric vehicle subsidy of up to 9,000 euros in Spain to be extended

Tesla Woes Bolster Appeal of Top China EV Maker BYD: Tech Watch

(Bloomberg) BYD Co. is rapidly closing in on Tesla Inc. as the world’s biggest seller of pure electric vehicles, with surging profits underscoring its sales clout despite intensifying competition at home.Most Read from BloombergIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursIsrael Deepens a War With Hamas That Has No End in SightHow This Israel-Hamas Conflict Is Like Nothing That’s Happened BeforeUkraine Recap: Russian Su-25 Fighter Jet Said to be Shot DownGM Hit With More Strikes W

Tesla woes bolster appeal of top china EV maker BYD: Tech Watch

Even as the supercharged rally in Tesla Inc. cools on weaker sales growth, expectations are ramping up for China’s top electric-vehicle maker BYD Co. thanks to record-high profits.

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