V2BW BYD MB eCW240703
- 0.065
- -0.008-10.96%
BYD shares (01211) were pledged 980,000 shares by shareholder Lu Xiangyang
According to the Zhitong Finance App, BYD Co., Ltd. (01211) issued an announcement. The company recently received a notice from Mr. Lu Xiangyang, a shareholder holding 5% or more of the company's shares, and learned that it will pledge some of the company's shares. The number of shares pledged this time is 980,000 shares, accounting for 0.03% of the company's total share capital.
[Hong Kong Stock Connect] According to reports, BYD (01211)'s first European car manufacturer will set a goal of becoming Europe's largest electric vehicle seller by 2030 in Hungary
Jinwu Financial News | According to reports, BYD (01211) will set up its first European car factory in Hungary. The goal is to be completed and put into operation next year, which will create thousands of jobs in the region. The report quoted Shu Youxing, general manager of BYD's European automobile sales division, as saying that by 2030, the group aims to surpass Volkswagen, Tesla, and Stellantis and become the largest electric vehicle seller in Europe. He pointed out that BYD plans to invest billions of euros in Europe, involving factories, distribution networks, and marketing, and plans to introduce low-cost electric vehicles that sell for less than 20,000 euros into the European market. Also, the Group is considering setting up in Europe
Market Chatter: BYD Mulls Second Europe Factory
BYD (HKG:1211, SHE:002594) is considering building a second factory in Europe by 2025 to become the continent's biggest electric vehicle maker by 2030, Reuters reported Thursday, citing the Chinese ca
[Hong Kong Stock Connect] BYD (01211) plans to invest billions of euros in the EU with the goal of becoming Europe's largest electric vehicle seller by 2030
Jinwu Financial News | Shu Youxing, general manager of BYD's European Automobile Sales Division, said on May 9, local time, that BYD (01211) aims to surpass Volkswagen, Tesla, and Stellantis by 2030 and become the largest electric vehicle seller in the European market. Shu Youxing said that BYD is preparing to “make a huge investment in the EU,” which could reach several billion euros, involving factories, distribution networks and marketing. Shu Youxing revealed that BYD will introduce low-cost electric vehicles based on the Seagull model to the European market, and the price should be less than 20,000 euros.
BYD Yangwang to Showcase U9 Supercar at Goodwood Festival of Speed in UK
Two Yangwang U9s left for the UK on May 7 and will participate in the Goodwood Festival of Speed 2024 from July 11-14.
BYD Qin L With Next-gen DM-i Hybrid Tech Expected to Hit Market on May 29, Report Says
The Qin L DM-i is expected to be priced around RMB 120,000 ($16,610) to RMB 150,000, according to local media.
BYD's Sodium Battery Joint Venture Formed
The joint venture is 51 percent owned by BYD's battery unit FinDreams, with local conglomerate Huaihai holding the remaining 49 percent. The post BYD's sodium battery joint venture formed appeared first on CnEVPost. For more articles, please visit CnEVPost.
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.
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.