Home Technology

BYD First-Quarter Income Jumps on Demand for Electric Vehicles – Bloomberg

The only daily news program focused exclusively on technology, innovation and the future of business from San Francisco.
Bloomberg Chief Washington Correspondent Joe Mathieu delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy.
Shipping goods across the seas makes up 90% of global trade, a fact that comes with huge environmental costs. But thanks to some ambitious engineers, carbon-spewing ships may soon get a whole lot greener.
Top Nomura Trader Admits Lying to Clients But Says Everyone Did
Shale Explorers Diamondback, Devon Boost Payouts Over Production
Rivian Wins $1.5 Billion in State Incentives for Georgia Plant
Avis Soars as Profits Rise on Stronger Demand and Pricing
Twitter Says Musk Deal Risks Costing Employees, Advertisers
Trump Says Contempt Judge ‘Unfair,’ Seeks Halt to $10,000 Daily Fine
New Zealand Government Raises Debt Ceiling, Sets Surplus Target
Los Angeles Activists Submit Signatures for $8 Billion Mega-Mansion Tax
Retail Traders Respond to Selloff By Buying Oil, Options and Meme Stocks
Amazon Tribes Turn the Tables on Intruders With Social Media
Zurich Ring Cycle Focuses on Dysfunctional Family of Gods
It Might Be Okay to Praise Your Children Now and Then
Twitter’s Board Gave Up
Spirit Blunders in Spurning JetBlue for Lower Offer
Nobody Knows Where the Red Line Is for Cyberwarfare
ESG Investing Is Hard. Doing It via ETFs Is Harder
Jack Bogle Was a Punk
Massachusetts Eyes Baby Bond Program to Narrow Racial Wealth Gap
Gender Pay Gap Leaves Some Asian Women $120,000 Poorer — Or Worse
Amazon Defeats Drive to Unionize Second New York Facility
Biden’s Team Puts Up Over $3 Billion to Boost U.S. Battery Output
Miami Designates ‘Heat Season’ to Warn About Rising Temperatures
What Does Affordable Housing Do to Nearby Property Values?
How Public Schools Are Going Net Zero
After Immersive Van Gogh, It’s Time for Live-Cosplay ‘Bridgerton’
Wikipedia Ends Crypto Donations as Environmental Concerns Swirl
ApeCoin Drops After Ethereum-Crashing Record Virtual Land Sale
Solana Suffers Seven-Hour Outage as NFT Demand Spills Over
A BYD Co. Qin electric vehicle on sale at the company’s showroom in Beijing, China.

BYD Co., the Chinese electric vehicle and battery maker backed by Warren Buffett, said first-quarter profit surged, buoyed by demand for battery-powered cars as it weathered supply chain kinks from an ongoing semiconductor chip shortage to more expensive raw materials.
Net income rose 241% to 808.4 million yuan ($123 million) in the three months ended March 31 from a year earlier, the Shenzhen-based company said in a statement Wednesday. That was at the higher end of the 650 million to 950 million yuan preliminary profit announced last week. Sales increased 63% to 66.8 billion yuan.  


Previous articleAndroid 12: How the Privacy Panel works – NextPit International
Next articleCloser look at Windows 11’s upcoming Task Manager with colours, dark mode – WindowsLatest
She has spent the past eight years playing the role of an infrastructure consultant, and has now joined Inferse.com as a full time blogger. Her current profession is a result of her deep interest in computer gadgets, laptops, gaming accessories and other tech happenings.