All the latest in science, technology and economics in one place

Microprocessors & Hardware · 29/10/2026 15:32 UTC

BYD, Geely lean on global growth as China market enters 'harshest winter'

Both automakers post 28% earnings gains despite intensifying competition Visitors at the 2026 Paris Motor Show on Oct. 13.

Both automakers post 28% earnings gains despite intensifying competition Visitors at the 2026 Paris Motor Show on Oct. 13. Chinese automakers are increasingly turning overseas, where they earn far more per vehicle than in their fiercely competitive home market. © Reuters HONG KONG -- BYD's net profit jumped 28% on the year between July and September, extending a rebound in the previous quarter as weak consumer demand at home was offset by the electric vehicle giant's aggressive overseas push.

Source: Nikkei Asia Tech

Open the full version (8 languages)