BYD
BYD's 20,000th Han EV rolls off assembly line
BYD's 20,000th Han EV recently rolled off the production line at its Shenzhen plant, four months after the model's delivery began in July.
Why Nio has become BYD's rival
In October, Nio (NYSE: NIO) announced that it had delivered 5,055 of its three models, a new sales high since the company's inception. Unfortunately, all of these cars are powered by the lithium-ion ternary batteries from CATL, China's largest automotive lithium-ion battery maker.
BYD's new A+ sedan design sketches revealed
In order to further increase its model portfolio, BYD will launch a new A+ class sedan, according to mydeivers.com. BYD currently has popular sedan models including Qin, Han, and SUV models including Song, Yuan, Tang which are all named after China's dynasties.
BYD reportedly considering buying bus manufacturing plant in South Korea
BYD is considering buying a bus manufacturing plant in South Korea and the company has recently conducted due diligence on Zyle Daewoo Bus Commercial Vehicle's commercial vehicle plant in Ulsan, the Seoul Economic Daily reported.
BYD reportedly plans to team up with SAIC-GM-Wuling for micro electric cars
BYD is talking with SAIC-GM-Wuling with plans to join forces to create micro electric vehicles for urban mobility, EVHui.com said, citing a source close to the two companies.
CITIC Securities maintains 'buy' rating on BYD as Han models continue to sell well
On November 4, BYD released sales figures showing that the company sold 48,000 cars in October, up 16% year-on-year.
BYD's October car sales up 16 percent year-on-year to 47,732 units
BYD sold 47,732 vehicles in October, up 16 percent from 41,130 in the same period last year, the company's filing on the Hong Kong stock exchange showed today.
CICC sees Nio, BYD out of its valuation system, but near-term trend remains strong
As the shares of Chinese new energy vehicle companies such as Nio and BYD have been rising, their valuations have come to very high levels, raising doubts among many investors. But in the view of Chinese investment bank CICC, although their valuations have gone into no man's land, the short-term trend is still strong driven by positive data.
CICC says BYD's Q4 guidance has room for upward revision, raises price target on H shares by 45%
China's top investment bank CICC has raised its 2020/2021 net profit forecast on BYD by 11%/3% to RMB 4.5/5.4 billion due to profit boost from higher sales of BYD's premium car model Han.
BYD's market cap exceeds that of Nio and Li Auto combined, how did it do it?
Looking at recent Chinese auto stocks, one of the hottest companies is none other than BYD.