BYD

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BYD is China's largest new energy vehicle (NEV) maker and one of the world's largest battery makers.
Founded: Feb 1995
Founder: Wang Chuanfu
Ticker: HKG: 1211
HQ: Shenzhen
2024 revenue: RMB 777.10 billion
Website: byd.com
  • BYD's Q4 net profit expected to be 10 times higher than year-ago quarter

    This represents a year-on-year increase of 1013 percent-1179 percent, and a quarterly increase of 17 percent-35 percent.

  • BYD orders 2 vehicle carriers from local shipbuilder Guangzhou Shipyard International

    The order is BYD's first for car carriers, each capable of carrying up to 7,000 vehicles.

  • Buffett sells about 1.06 million additional BYD shares on Jan 3

    Buffett first reduced his BYD holdings on August 24, 2022, and has sold off a total of 7 times since then.

  • BYD starts building its own car testing site with anti-seasonal testing capabilities

    The testing site is expected to cover an area of 4 million square meters, with a total investment of RMB 2 billion ($293 million), and be operational in June 2024.

  • BYD starts construction of new $1.5 billion battery base

    The first phase of the project, with an investment of RMB 5 billion, is expected to start production in December.

  • BYD officially launches Yangwang brand, debuts hardcore off-road SUV U8 and supercar U9

    The two models are built on Yangwang's e⁴ platform, the first mass-produced four-motor independent drive technology platform in China.

  • BYD working with Nvidia to bring GeForce NOW cloud gaming to its vehicles

    GeForce NOW will enable occupants of these vehicles to stream games while parked or charging their NEVs, BYD said.

  • BYD Dec sales breakdown: Song 70,079 units, Han 29,468 units

    For the full year 2022, the Song family sold 478,120 units and the Han family 274,015 units.

  • BYD sells 235,197 NEVs in Dec, up 2% from Nov

    BYD sold 111,939 pure electric passenger cars and 122,659 plug-in hybrids in December.

  • BYD establishes JV in Uzbekistan for local production

    The joint venture will focus on the production of several of BYD's best-selling models, including the DM-i super hybrid models, and related parts.