BYD

Image Credit: BYD

BYD & Shenzhen Port Group Deepen Cooperation on Clean Ports & Green Shipping Corridors

BYD and Shenzhen Port Group recently signed an agreement to expand cooperation between the automaker and port operator. While this news largely flew under the radar, the scope of the agreement goes far beyond BYD’s home ports to develop international logistics and decarbonize global shipping. As reported by Chinese shipping … [continued]

Nobina’s eBuses are manufactured at BYD's production facility in Komárom, Hungary – one of two BYD manufacturing plants in Europe. (Photo from BYD)

BYD Is In Europe Because Of Its Buses & Trucks

The US doesn’t know what it is missing…or just doesn’t realize it. Chinese automotive giant BYD has established a significant foothold in Europe’s commercial vehicle market, leveraging its electric bus expertise while expanding into freight transport as the continent accelerates its transition to zero-emission transportation. BYD is in America through … [continued]

Image Credit: BYD

The Importance of How BYD Spends on R&D, Beyond Just How Much They Spend

There are essentially two different ways a company can account for Research and Development (R&D) spending: as an operating expense that reduces reported net earnings or as a capital expenditure, counted as investing money from net earnings and other sources. One shows up on the income statement, the other shows up on the balance sheet. It might seem like a minor difference, but it can significantly impact financial reporting and how a company approaches R&D.