He saw acceleration of electrification transition to NEVs among established automakers in China these years, and under such setting, BYD should fight together with domestic peers who seek the transition to win market shares from makers of fossil fuel vehicles, especially joint ventures founded by both...
The bank said that BYD is facing transformation opportunities in areas such as product upgrades, smart car business development, and overseas market expansion. It is optimistic about its growth potential. It predicts that earnings per share from 2023 to 2025 will reach 10.43 yuan, 13.51 yuan and...
Tesla reveals price range for Optimus Gen2, its ‘robot without wheels’ There’s a chance that the upcoming vehicle will be competitively priced to help Tesla take on its fast-growing Chinese competitor BYD, which surpassed it as the world’s top electric vehicle maker in the last quarter o...
BEIJING (Reuters) - Chinese electric automaker BYD aims to sell 4 million vehicles this year, Morgan Stanley said in a report on Monday, suggesting an 11% upward revision to the company's 2024 sales target set earlier this year. The goal would put BYD almost at par wi...
China’s Didi has recently set new growth targets in the three years to 2025, with new incentives for drivers and riders, in its latest move to recapture lost market share in the country’s ride-hailing sector,LatePostreported Monday.
the 101st NAIAS unveiled the first auto show of 2008.With the devel- oping strategy of"Going Out"and the innovation on research and technology, China automakers achieved great progress in recent years.In this show,China five automakers including:BYD Auto,Chang- feng Group,Geely International ...
Macquarie: Maintain BYD's "outperform" rating, target price rises 29% to HK $357 If calculated at today's closing price, this price means that there is still 21% room for growth! The bank believes that BYD, as the market share leader of new energy vehicles, has the advantage of an in...
In terms of capacity distribution, because the company's power battery production line is flexible configuration, the product production structure can be adjusted according to the market demand for lithium iron phosphate and ternary batteries to meet the different needs of the future market. Due to ...
To help meet market demand, BYD's new bus plant in the central Chinese city of Changsha and a car plant in the northwestern city of Xian will start operation next year, adding up to 700,000 units of capacity, Lin said. Henry Li, general manager of BYD Auto's export arm, told Reuters...
BYD Releases 2023 Financial Report, with Net Profit Up 80% Year-on-Year BYD's robust performance in 2023 cements its position as a leader in the global new energy vehicle market. Mar 27, 2024 01:59 PM Automotive BYD's EXPLORER NO.1 carrying 5449 new energy vehicles heading towards Europ...