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 reportedly plans to develop smart driving chip

    BYD's smart driving chip could tape out by the end of the year at the earliest, according to local media.

  • Goldman Sachs expects BYD's profitability to continue to expand in H2

    Goldman Sachs maintains BYD's shares traded in Hong Kong on its Conviction Buy list with a price target of HK$405.

  • BYD's profit per vehicle estimated to be up to $1,170 in Q2, analysts say

    BYD earned an average profit of RMB 5600-7900 ($1,170) per vehicle in the second quarter, up from RMB 2400 in the first quarter, analysts said.

  • BYD expects net profit of up to $533 million in H1

    BYD's strong growth in NEV sales has driven a significant improvement in its earnings and eased the pressure on earnings from upstream raw material prices.

  • Brazilian ride-hailing app 99 partners with BYD to accelerate adoption of EVs in its fleet

    99, a subsidiary of Didi, has pledged to register 10,000 EVs on its platform by 2025.

  • Rumors of Warren Buffett cutting BYD holdings stem from misreading of trading rules, analyst says

    There had been a change in the rules of the Hong Kong Stock Exchange, where the physical stock needed to be replaced with an electronic stock holding.

  • BYD shares plunge on rumors of Warren Buffett cutting holdings

    BYD fell 10.89 percent in early trading in Hong Kong and 7.3 percent for shares traded in Shenzhen.

  • BYD's monthly production expected to reach about 300,000 units in August, report says

    As of early July, BYD's cumulative order backlog has exceeded 700,000 units, according to local media.

  • BYD Yuan Plus launched in Singapore under Atto 3 name

    BYD did not announce a price for the model in Singapore; it is priced in China at RMB 137,800 ($20,590) to RMB 165,800 after subsidies.

  • BYD Seal reportedly to be officially launched in China on July 18

    Pre-orders for the BYD Seal began on May 20 with a starting price of RMB 212,800 ($31,860) and orders reached 22,637 units within seven hours.