China 📍

China, officially the People’s Republic of China, is a country in East Asia. It is the world’s most populous country, with a population of more than 1.4 billion. China spans five geographical time zones and borders 14 countries, the second most of any country in the world after Russia.

📽️ Videos

What’s Happening in China’s E.V. Market? – The New York Times

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Stock Slide and Slow Sales: What’s Happening in China’s E.V. Market? – The New York Times

By almost every metric, the Chinese carmaker BYD looks unstoppable.

After a decade of struggling to establish itself in the automobile industry, BYD has surpassed Tesla to become the world’s largest electric vehicle manufacturer. The company’s sales are rapidly expanding in Europe and Latin America, and new and potentially lucrative markets like Canada could soon open to it.

But investors are cooling on BYD’s ascent from a little-known battery maker to the top of the automotive world’s fast-growing segment. The company’s stock has fallen roughly 40 percent from its peak last May, making it among the hardest-hit names in a broader sell-off in Chinese E.V. stocks that accelerated last week after companies reported weak sales numbers for January.