Previous close | 1.4342 |
Open | 1.4342 |
Bid | 1.4270 x 0 |
Ask | 1.4610 x 0 |
Day's range | 1.4342 - 1.4342 |
52-week range | 0.8910 - 1.7178 |
Volume | |
Avg. volume | 253 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | 28 Aug 2024 - 02 Sept 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
The early success of Chinese brands in Mexico and Latin America offers a glimpse into the expansion strategy for these carmakers outside of the world’s largest EV market.
Starting in the 1980s, European automakers steadily conquered China, racking up millions in sales with little local competition. Now they'll have to defend their home turf in Europe from an onslaught of formidable Chinese electric vehicles. Chinese EV titans BYD, Chery and Great Wall Motor (GWM) are preparing a fusillade of product launches - about 20 over the next five years - and spending heavily on sales and marketing in their most important export market, according to Reuters interviews with 18 China auto executives, consultants and industry experts familiar with the Chinese automakers' European strategy.
China and Hungary will embark on a "golden voyage" in bilateral relations, Chinese President Xi Jinping said after meeting Hungarian Prime Minister Viktor Orban on the third and final stop of his first European tour in five years. Hungary under right-leaning Orban has become an important trade and investment partner for China, in contrast with some other EU nations that are considering becoming less dependent on the world's second-largest economy.