Browsing Tag

BuffettBacked

Buffett-Backed Electric-Car Giant BYD Halts Spinoff of Chip Unit

Andrew McCollum Nov 16, 2022

HONG KONG—Chinese electric-car giant BYD Co. 1211 -1.79% said it is pausing the planned spinoff of its chip…

Warren Buffett-Backed Chinese Car Maker BYD Zooms Past Rivals

Andrew McCollum Jul 26, 2022

HONG KONG—As sales of most major auto makers in China have sunk this year, hit by rigid Covid-19 lockdowns and supply-chain disruptions, a Warren Buffett…