• 0175
• 1211
• BP
• GC
• STLA
• TSLA
• XPEV

Morning Bid: Of trade wars and (EV) price wars

Gold prices surged as markets react to Trump's tariff considerations. The EV market sees increases for BYD while Tesla dips. Jerome Powell's testimony draws attention.

• 1211
• 2007
• WB

Factbox-What is China's Jinjiang, the BYD contractor under fire in Brazil?

Jinjiang Group faces human trafficking allegations in Brazil as BYD's construction partner, denying claims of slavery-like conditions while asserting worker dignity and safety concerns.

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China's BYD offers year-end discounts of up to 11.5%

BYD offers discounts on Song Pro DM-i and Qin Plus EV models until Jan. 26, reducing prices by up to 11.5%.

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Brazil says workers at China's BYD site are victims of human trafficking

Chinese workers at BYD's Brazilian construction site face human trafficking allegations, causing controversy as BYD seeks global expansion amid scrutiny by labor authorities.

• 1211
• WB

BYD contractor denies 'slavery-like conditions' claims by Brazilian authorities

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Workers found in slavery-like conditions at BYD construction site in Brazil

163 workers discovered in slavery-like conditions at BYD's construction site in Brazil, facing excessive hours and poor living conditions, according to labor authorities.

• 1211
• F
• HMC
• STLA

China's CATL offers suppliers financial support to drive battery innovation

CATL is offering financial support to suppliers for technology innovation in light of an ongoing EV price war, aiming to enhance the supply chain resilience and maintain profitability.

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• F
• HMC

Global EV sales hit third consecutive record high

Global EV sales surged 32% in November, driven predominantly by China, amid challenges in Europe due to production costs and regulatory pressures.

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• HMC
• TM
• VOWG_p

Analysis-China automakers pivot to hybrids for Europe to counter EV tariffs

Chinese automakers are boosting hybrid vehicle exports to Europe, sidestepping EU tariffs on electric vehicles, while addressing overcapacity at home and meeting rising demand for affordable hybrids.

• 002594
• 1211
• TSLA

Tesla rival BYD clocks record sales in Nov, shares rise