BYD, BMW, and RE Royalties in the Spotlight: Price War, Plummeting Profits, Job Cuts, and Green Dividends
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If in Spain, we think of a giant of the Chinese automobile, we think of BYD; the one that has been, for many years, the first manufacturer in the Asian country. But look, because that has just changed. And it has been achieved by the same Chinese manufacturer -the SAIC Group- that, last May, reached a milestone never seen: to sell 100 million cars in all its history. Owner of the MG brand, the Chinese manufacturer with the most sales in Spain -i…
BYD, BMW, and RE Royalties in the Spotlight: Price War, Plummeting Profits, Job Cuts, and Green Dividends
BYD Is Shaping the Market We start by looking to Asia. There, electric vehicle giant BYD is setting the pace for the industry and is likely causing some competitors to lose sleep. The market capitalization figures alone speak volumes. With an impressive market capitalization of over EUR 95 billion, BYD has surpassed numerous established manufacturers and secured a leading position among the world’s top electric vehicle manufacturers. This sheer …
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