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BYD had its slowest profit growth in two years in Q4

Teslarati

auto industry BYD’s full-year 2023 net profit increased by 80.7 “The latest round of price cuts would inevitably result in a margin hit,” said John Zeng, London consulting firm GlobalData’s Head of China Market Forecasting (via Reuters ). The automaker posted 8.67 billion yuan (~1.2 percent to 180.04

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CPT presenting two papers at SAE World Congress on SpeedStart and TIGERS for 48V mild hybrid systems

Green Car Congress

This common core also provides greater confidence in the robustness of prototypes, while minimizing the cost of variants further supports the development of 48V systems. SR machines are ideally suited to this concept of low cost development, while reducing the cost of production components.

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Battery metal price plunge is closing mines and stalling deals – ET Auto

Baua Electric

The low prices are making it harder for mine builders to raise money from more traditional sources as well, at a time when the industry is also grappling with rampant inflation driving up the cost to build new projects. The auto industry had shown signs of becoming an key source of funds, as companies such as Ford Motor Co.

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