Baillie Gifford funds bought more shares of China’s Pinduoduo, NIO in Q3

By Summer Zhen HONG KONG, Oct 28 (Reuters) – Baillie Gifford, one of the largest asset managers in Europe and a China bull in recent years, increased its holdings of some Chinese growth stocks in its portfolio in the third quarter despite rising policy uncertainty, exchange filings showed. The Edinburgh-based investment group added 110,737 shares… Continue reading Baillie Gifford funds bought more shares of China’s Pinduoduo, NIO in Q3

Tesla Stock Vs. BYD Stock: Tesla’s ‘Real Challenger’ Reports Surging Profit

Reuters BYD posts 350% jump in Q3 net profit on sales surge SHANGHAI (Reuters) -China’s biggest electric vehicle (EV) maker BYD said its third-quarter net profit jumped 350% from a year ago, helped by a wider range of product offerings and strong sales that saw it beat Tesla in the world’s largest auto market. BYD’s… Continue reading Tesla Stock Vs. BYD Stock: Tesla’s ‘Real Challenger’ Reports Surging Profit

Automotive Lighting Market worth $28.5 million in 2027 – Exclusive Report by MarketsandMarkets™

CHICAGO, Oct. 28, 2022 /PRNewswire/ — Automotive Lighting Market is estimated to be USD 21.9 billion in 2022 to USD 28.5 million in 2027, at a CAGR of 5.3%, during the forecast period, according to a new report by MarketsandMarkets™. Growing vehicle production coupled with government regulations mandating adaptive lighting for enhanced safety and comfort is expected to boost… Continue reading Automotive Lighting Market worth $28.5 million in 2027 – Exclusive Report by MarketsandMarkets™

Automotive Lighting Market worth $28.5 million in 2027 – Exclusive Report by MarketsandMarkets™

CHICAGO, Oct. 28, 2022 /PRNewswire/ — Automotive Lighting Market is estimated to be USD 21.9 billion in 2022 to USD 28.5 million in 2027, at a CAGR of 5.3%, during the forecast period, according to a new report by MarketsandMarkets™. Growing vehicle production coupled with government regulations mandating adaptive lighting for enhanced safety and comfort is expected to boost… Continue reading Automotive Lighting Market worth $28.5 million in 2027 – Exclusive Report by MarketsandMarkets™

Automotive Lighting Market worth $28.5 million in 2027 – Exclusive Report by MarketsandMarkets™

CHICAGO, Oct. 28, 2022 /PRNewswire/ — Automotive Lighting Market is estimated to be USD 21.9 billion in 2022 to USD 28.5 million in 2027, at a CAGR of 5.3%, during the forecast period, according to a new report by MarketsandMarkets™. Growing vehicle production coupled with government regulations mandating adaptive lighting for enhanced safety and comfort is expected to boost… Continue reading Automotive Lighting Market worth $28.5 million in 2027 – Exclusive Report by MarketsandMarkets™

EU approves effective ban on new fossil fuel cars from 2035

New vans must comply with a 100% CO2 cut by 2035, and a 50% cut by 2030 compared with 2021 levels. By Kate Abnett The European Union struck a deal on Thursday on a law to effectively ban the sale of new petrol and diesel cars from 2035, aiming to speed up the switch to… Continue reading EU approves effective ban on new fossil fuel cars from 2035

Welcome to hell, Elon

You break it, you buy it. Share this story You fucked up real good, kiddo. Twitter is a disaster clown car company that is successful despite itself, and there is no possible way to grow users and revenue without making a series of enormous compromises that will ultimately destroy your reputation and possibly cause grievous… Continue reading Welcome to hell, Elon

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Oct 28 (Reuters) – Elon Musk on Thursday closed the $44 billion deal announced in April to take Twitter Inc (TWTR.N) private and took ownership of the influential social media platform by firing top executives immediately. “The bird is freed,” he tweeted in an apparent nod to his desire to see the company has fewer… Continue reading Video

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SHANGHAI, Oct 28 (Reuters) – China’s biggest electric vehicle (EV) maker BYD (002594.SZ) said its third-quarter net profit jumped 350% from a year ago, helped by a wider range of product offerings and strong sales that saw it beat Tesla (TSLA.O) in the world’s largest auto market. BYD’s net profit for the July-September quarter reached… Continue reading Untitled