81211 BYD COMPANY-R
- 208.800
- +2.000+0.97%
BYD COMPANY-R News
Mood Toward NEV Stocks Brightens
Listed Chinese new energy vehicle makers can look forward to their stocks performing well in capital market on the back of their robust production and sales numbers, which will be further boosted by the country's supportive policies, market insiders said.
BYD to Launch Sea Lion 07 on May 10
The price range for BYD's Sea Lion 07 BEV will be RMB 200,000 ($27,700) to RMB 260,000, an executive said last year. The post BYD to launch Sea Lion 07 on May 10 appeared first on CnEVPost. For more articles, please visit CnEVPost.
Tesla Beware. Toyota Goes Big on AI and EVs. -- Barrons.com
By Brian Swint Tesla may be feeling more heat from an old rival in the coming years. Toyota, the Japanese car company that pioneered hybrid electric vehicles with its Prius model, said Wednesday tha
Great Wall Securities: NEV exports maintained steady growth in the first quarter, focusing on establishing production lines in Europe and other regions
After China's automobile exports surpassed Japan to become the world's number one in 2023, in the first quarter of 2024, China exported 1.32 million vehicles, an increase of 23.36% over the previous year, and maintained a strong growth trend.
Guolian Securities: The lithium battery equipment industry is expected to usher in a boom after the domestic market is phased out
Guolian Securities believes that it is currently at the bottom of the main lithium battery industry chain. After experiencing this round of industry adjustments, advanced production capacity in the market is still insufficient, and against the backdrop of continued growth in terminal demand, leading domestic lithium battery companies may restart and expand production in order to consolidate their market share.
Market Chatter: Nio to Procure Batteries for Onvo EV Brand From BYD
Nio (HKG:9866, SGX:NIO) will procure batteries from BYD (HKG:1211, SHE:002594) for Nio's Onvo electric vehicle brand, Reuters reported Tuesday, citing three unnamed sources.
China Apr NEV Wholesale at 800,000, Down 2% From Mar, CPCA Estimates Show
Since the beginning of the year, consumers have been in a wait-and-see mood, and the passenger car market has not been able to regain momentum in sales, the CPCA said.
Anxin International: Maintaining the “Buy” Rating Target Price of HK$300 for BYD Shares (01211)
Anxin International is optimistic about BYD's strong technology and scale advantages, and is speeding up overseas to become the world's leading NEV company.
Weilai (09866) reached a battery purchase agreement with BYD (01211) for its “Ledao” brand
Jinwu Financial News | Some reports quoted sources as saying that NIO (09866) has reached an agreement with BYD (01211) to purchase batteries from the latter for its low-cost electric vehicle brand. NIO launched this new brand to compete with Tesla. According to the report, BYD will work with Ningde Times to provide a small battery pack for an electric vehicle of the new brand “Ledao”, and China Airlines, which is already a supplier of NIO, will provide it with a large 85 kilowatt-hour battery pack. According to the report, NIO claimed that the information was inaccurate, but did not provide details.
Nio Sub-brand Onvo to Use BYD Batteries, Report Says
Nio (NYSE: NIO) has struck a deal with BYD (HKG: 1211, OTCMKTS: BYDDY) to source batteries for its less expensive electric vehicle brand Onvo, Reuters said in a report today, citing three sources with direct knowledge of the company.
BYD Shark Pickup to Make Global Debut in Mexico on May 14
"BYD Shark, Hybrid Power, Wild Spirit," BYD writes. The post BYD Shark pickup to make global debut in Mexico on May 14 appeared first on CnEVPost. For more articles, please visit CnEVPost.
Lithium batteries have brought a benefit
Marginal improvement
[Hong Kong Stock Connect] BYD's (01211) car insurance business approved. Market anticipates that NEV insurance will soon be widely opened
Jinwu Financial News | The State Financial Supervisory Administration today disclosed the April 22 approval and approved the request for approval of compulsory motor vehicle traffic accident liability insurance terms and rates from Shenzhen BYD Property Insurance Co., Ltd., a subsidiary of BYD (01211). The State Financial Supervisory Administration said it agreed that BYD Financial Insurance will use nationally unified Jiaotong Insurance (compulsory traffic accident liability insurance) provisions, basic insurance premium rates, and corresponding rate fluctuation factors in Anhui, Jiangxi, Shandong (excluding Qingdao), Henan, Hunan, Guangdong, Shaanxi, and Shenzhen. At the same time, it also said that BYD Financial Insurance should attach great importance to the Jiaotong Insurance business and strictly implement it
Local Chinese Carmaker's Overseas Sales up 40% in Q1; SAIC, Chery Contribute Lion's Share
Xpeng had overseas sales of 1,783 units, Nio 388 units and Leapmotor 271 units in the first quarter.
How Interest in Electric Vehicles Has Stalled Over the Last 3 Years, in One Chart
Younger Americans are particularly aware of Chinese EV brands, survey finds
[Broker Focus] Guoxin Securities maintains BYD's share (01211) purchase rating and is expected to maintain its lead in competition and further expand its share
Jinwu Financial News | According to Guoxin Securities Research, BYD's (01211) results showed that the company's revenue for the first quarter of 2024 was 124.94 billion yuan (same below), up 3.97% year on year; net profit attributable to shareholders was 4.57 billion yuan, up 10.6% year on year; net profit attributable to non-shareholders was 3.75 billion yuan, up 5.2% year on year. The company's overall gross margin for the first quarter of 2024 was about 21.9%, roughly the same as the third and fourth quarters of 2023, and remained relatively high. The bank expects the company's total Q2 car sales to continue to grow rapidly. The main reasons are as follows: 1. Public
China's Automakers Must Adapt Quickly on the EV Boom in the Face of Regulatory Scrutiny Abroad
Adoption of battery and hybrid-powered cars has surged in China, but an onslaught of new models has fueled a price war, while regulatory scrutiny grows abroad.
Changes in Hong Kong stocks | Xiaopeng Automobile-W (09868) opened more than 8% and led the auto stock market in April, sales of new power car companies were steady, and trade-in is expected to boost demand
Auto stocks collectively opened higher. As of press release, Xiaopeng Automobile-W (09868) rose 8.35% to HK$37; Ideal Automobile-W (02015) rose 7.06% to HK$115.2.
BYD to Recall Over 16,000 EVs Due to Camera Software Issue
BYD (HKG:1211, SHE:002594) will recall 16,666 electric vehicles starting May 20 due to a software problem, China's State Administration for Market Regulation said in its Tuesday press release on its w
China Merchants Securities: Maintaining BYD's (01211) “Overholding” Rating Target Price of HK$300
China Merchants Securities expects the profit margin of BYD shares (01211) to pick up starting next quarter.
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