I cover Chinese billionaires, and help to compile the China Rich List as well as Under30 list in Asia. I contribute to Forbes, and previously I freelanced for SCMP and Nikkei. Prior to Beijing, I spent six months as an intern at TIME magazine's Hong Kong office. I am a graduate of the Medill School of Journalism, Northwestern University.
, can manage the European Union’s additional tariffs on EVs from China , analysts say—and may grab market share from more severely affected rivals.
The automaker, whose name stands for “Build Your Dreams,” was the least affected among Chinese EV companies targeted in an EU investigation. Citing factors such as the level of cooperation as EU officials looked into how state support and government subsidies might have helped Chinese EVs sell at low prices, the bloc decided to apply tariff hikes differently.
“The market believes that the impact on BYD won’t be as severe as previously feared,” says Kenny Ng, a Hong Kong-based securities strategist at Everbright Securities International. “Compared with other Chinese automakers, BYD may now actually have an advantage in the region.”
Wang Chuanfu China Evs Billionaires Innovation Autos EU
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