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...The company believes that a vertically integrated model, where it makes most parts of the vehicle and completely controls the electronics and battery systems, sets it apart from other carmakers that buy...
...That puts BYD in direct competition with gasoline cars....
...BYD Electronic, the components-making subsidiary of the carmaker, led gains as it climbed 6.3 per cent....
...The biggest advantage however will come from its access to smart technology and the ability to integrate the car with its smartphones and other electronics in its portfolio....
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...BYD’s sticker price of $11,000 for its lower-end electric vehicle models is hard to beat....
...In the past year, the potential for disruption has grown with makers such as BYD expanding rapidly. It is on track for more than 100 dealerships in the country by next year....
...Elliott Management has abandoned an attempt to buy UK electronics retailer Currys, saying that “multiple” efforts to engage with the company’s board had been rebuffed....
...The electronics retailer has a strong market position in the UK and the Nordic region....
...This followed an internal investigation which revealed that supplier Toyota Industries Corp had been manipulating test results to gain certification for its cars....
...Personal computer maker Lenovo, electronics and vehicles conglomerate BYD and internet group NetEase, which added 7.8 per cent, 3.6 per cent and 3.7 per cent, respectively....
...Albemarle chief executive Kent Masters expects Chinese car and battery makers such as BYD and CATL to power ahead in technological advances and ability to lower production costs....
...But it also highlights the ongoing slump in electronics demand and the painful effects of supply chains shifting out of the country....
...Renesas Electronics on Thursday announced a $5.9bn all-cash deal to buy electronics design software firm Altium, its second acquisition in just about a month....
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