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Tag: Electric-Vehicle demand


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 […]


Industry Focus Areas, Motorized Vehicle

Electric-Vehicle Sales Growth Outpaces Broader Auto Industry

July 23, 2021

Via: The Wall Street Journal

The auto industry’s push into electric vehicles has gained traction this year with sales of these models growing at a faster clip than the broader U.S. car business. While still a sliver of the overall market, sales of plug-in vehicles […]