Companies in the news and how they were assessed

China’s champion electric-vehicle manufacturer is outselling Tesla and Volkswagen in the global EV race—and a spate of new factories could help it dominate markets outside China. How BYD and its globe-trotting No. 2, Stella Li, are spending billions and flexing their soft power.

Whatever else happens this year, Robin Zeng can claim one pivotal moment. In May, he took the contrarian bet of pushing ahead with a secondary listing of CATL in Hong Kong. It proved transformative, s

HOW AI IS SUPERCHARGING THE SECTOR

CITY

Out of puff: Second-quarter revenue at Connecticut-based Marlboro-maker Philip Morris International (PMI) rose 7.1% from a year earlier, to $10.1bn – slightly short of analysts’ expectations of $10.3b