Tag: EV chip

Industry Focus Areas, Motorized Vehicle

Buffett-Backed Electric-Car Giant BYD Halts Spinoff of Chip Unit

November 16, 2022

Via: The Wall Street Journal

Chinese electric-car giant BYD Co. 1211 -1.79%decrease; red down pointing triangle said it is pausing the planned spinoff of its chip subsidiary, opting to focus on boosting the unit’s automotive-semiconductor output to meet rising demand for electric vehicles. Warren Buffett-backed […]