Ford Sees ‘Colossal’ Competitive Threat in Low-Cost Chinese EVS

Ford Motor Co. sees low-cost Chinese electric vehicles as a “colossal strategic threat” that will ultimately arrive on US shores. China’s BYD Co. recently surpassed Tesla as the world’s largest EV maker, with low-priced models such as its $11,000 Seagull. … Read More

How China Built BYD, Its Tesla Killer

BYD’s sales grew as the Chinese market soared. Warren E. Buffett bought a nearly 10 percent stake for $230 million in 2008, giving BYD not just a cash infusion but also global cachet. “They were … Read More

Trump pledges to block US Steel sale

Former President Donald Trump on Wednesday said he would block U.S. Steel’s planned sale to a Japanese company, the first time the GOP presidential candidate has weighed in on the controversial acquisition announced late last … Read More

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