BMW Plans Limited Run of 20-25 Skytop Concept Cars

May 29, 2024 – Adrian van Hooydonk, the Design Director of BMW Group, recently hinted at the possible limited production of the newly unveiled concept car, Skytop, at the just-concluded Concorso d’Eleganza Villa d’Este in Italy. According to Hooydonk, the company might manufacture between 20 to 25 units of the Skytop by 2026, depending on…

Read More

Panasonic Shifts Focus: Exiting Lead-Acid Battery Production, Embracing EV Lithium-ion Batteries

June 1, 2023 – Panasonic Takes a New Direction, Focusing on Lithium-ion Battery Production for Electric Vehicles In a strategic move, Panasonic Corporation announced on May 31 that its subsidiary, Panasonic Energy, has officially withdrawn from lead-acid battery production. Instead, the company will concentrate its operational resources on the production of lithium-ion batteries for electric…

Read More

Warren Buffett Continues to Reduce Stake in BYD, Cashing Out Over HK$300 Million as Shareholding Drops to 6.9%

June 18, 2024 – Berkshire Hathaway, owned by Warren Buffett, has sold 1.3 million shares of BYD’s Hong Kong-listed stock on June 11th, realizing approximately HK$310.5 million. Following this reduction, Berkshire Hathaway’s stake in BYD’s issued H shares has decreased from 7.02% to 6.90%. This marks the 14th publicly disclosed reduction of BYD H shares…

Read More