Chinese electric vehicle manufacturer BYD Co expects exports to account for around 20% of its global sales this year, supported by the launch of new models, the South China Morning Post reported on Monday.
According to the paper, BYD projects between 800,000 and 1 million deliveries outside mainland China in 2025, compared with a revised total sales target of 4.6 million units. The company’s general manager of branding and public relations, Li Yunfei, said, “International deliveries will make a greater contribution in the years to come,” noting that BYD’s own fleet of car-carrier vessels has helped boost exports.
The revised forecast confirmed a Reuters report earlier this month that BYD had cut its 2025 sales target by as much as 16%, reflecting its slowest annual growth in five years and signs that its record-breaking expansion may be levelling off.
In 2024, overseas sales represented less than 10% of BYD’s total 4.26 million deliveries, the South China Morning Post added.
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Belgian police raided offices of the European Commission in Brussels on Thursday (12 February) as part of an investigation into the sale of European Union real estate assets in 2024, the Financial Times reported.
Polls have close in Bangladesh's first general election since the fall of Sheikh Hasina’s government, marking a pivotal moment in the country’s political transition. Turnout reached 47.91% by early afternoon, according to partial data from election authorities.
Azerbaijan’s State Security Service has filed charges against a group of people accused of belonging to a criminal network alleged to have attempted to forcibly seize state power. It's claimed they tried to alter the constitutional structure, with the support of foreign intelligence agencies.
Ukrainian President Volodymyr Zelenskyy said on Wednesday (11 February) that his government will only hold national elections once a ceasefire with Russia is in place and security guarantees are secured, pushing back at suggestions of fresh ballots under pressure from international partners.
Greek Prime Minister Kyriakos Mitsotakis arrived in Ankara on Wednesday, where Turkish President Recep Tayyip Erdoğan held an official welcoming ceremony at the Presidential Palace, marking the start of high-level talks between the two NATO allies.
A senior adviser to Iran’s Supreme Leader said on Tuesday that negotiations with the United States must remain focused on the nuclear issue and be grounded in realism, as Washington and Tehran prepare to resume talks mediated by Oman.
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James Van Der Beek, who rose to fame as Dawson Leery in the hit teen drama Dawson’s Creek, has died aged 48 following a battle with stage 3 colorectal cancer.
The suspect in a deadly school shooting in western Canada was an 18-year-old woman who allegedly killed her mother and stepbrother before attacking her former school. Investigators have not provided a motive for what is being described as one of the worst mass killings in Canada.
Türkiye’s national energy company, TPAO, has struck a new cooperation deal with U.S. energy giant Chevron, signing a memorandum of understanding to explore joint oil and gas exploration and production opportunities, the Turkish Energy and Natural Resources Ministry announced on Thursday.
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U.S. stock markets finished mixed on Wednesday (28 January) as investors reacted calmly after the Federal Reserve left interest rates unchanged, a decision that had been widely expected and largely priced in.
The S&P 500 edged to a record closing high on Tuesday, marking its fifth consecutive day of gains, as strong advances in technology stocks offset a sharp selloff in healthcare shares and a mixed batch of corporate earnings.
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