BBC World Business Report

BYD profits fall 19%: What’s driving the decline?

Loading player...
BYD has reported a 19% fall in annual profit, its first decline in four years, despite rising sales as price pressure in China weighs on margins. We look at what is driving the slowdow, and what it means for the wider electric vehicle industry. We also examine the increasingly competitive market for electric cars, set against a backdrop of rising global oil prices.

While oil prices continue to rise, the cost of weight loss drugs could be heading in the opposite direction. And we look at how a small, family-run business in Slovenia has become a major force in skiing.

(Picture: Photo by RUNGROJ YONGRIT/EPA/Shutterstock (16787185n) A visitor inspects a BYD Atto 1 electric vehicle on display at the 47th Bangkok International Motor Show 2026 in Nonthaburi, on the outskirts of Bangkok, Thailand, 23 March 2026.)
28 Mar 7AM English United Kingdom Business

Other recent episodes

Is the ceasefire in the Gulf too late to stop food prices rising?

Although the fragile ceasefire between Iran and the United States still holds, shipping through the Strait of Hormuz remains heavily disrupted, driving up fuel and fertiliser costs and leaving farmers in many parts of the world facing higher prices just as they head into the planting season. What does that…
9 Apr 6PM 27 min

First Iranian oil for India in seven years

For the first time in seven years, India has bought its first cargo of Iranian oil. India hasn't purchased any Iranian oil since 2019 because of US sanctions, but those restrictions were waived last month. Leanna hears from the BBC's Archana Shukla. Plus, its a big day for K-pop fans…
9 Apr 11AM 9 min

Shipping companies still reluctant to pass through Strait of Hormuz.

Reopening the Strait of Hormuz, an important global waterway, is part of the ceasefire agreement, as announced by the US government, but late on Wednesday, Iran warned that ships crossing the waterway without permission would be “targeted and destroyed”. Sam Fenwick will hear from Nils Haupt, the Head of Corporate…
8 Apr 6PM 27 min

What the US-Iran ceasefire means for oil prices, flights and bills

The US and Iran have come to a temporary ceasefire, but for many businesses and consumers, the pressure may be far from over. Hundreds of ships are still backed up in the Strait of Hormuz, with many waiting for clearance from Iran before they can move. Plus, what it means…
8 Apr 11AM 9 min

Trump's Hormuz deadline looms

A countdown is underway as President Trump says 'a whole civilisation will die tonight' in Iran without a deal to fully re-open the Strait of Hormuz. Plus, we return to Cambodia's scam centres with a rare visit inside. And is Universal Music which is home to Taylor Swift, about to…
7 Apr 6PM 27 min
All episodes