BYD

BYD models equipped with Horizon Robotics' latest Journey 5 chip will be available as early as mid-2023.

The images released by BYD show a clean design with a large center screen and a slightly smaller instrument screen inside the car.

From windows and seats, to body control and engine control, every innovation in automotive electronics has to be realized through the computing and control functions of MCU chips.

BYD's net profit will continue to improve every quarter going forward as lithium carbonate prices fall and model price increases bring profit flexibility, CITIC Securities said.

BYD's NEV sales have reached a record high, driving a significant improvement in earnings and somewhat hedging the pressure caused by rising raw material prices.

The Covid outbreak in Xi'an earlier in the year had an impact on BYD's production, while the situation elsewhere brought relatively little impact, the company's source said.

The project will have a construction cycle of 15 months after it starts and is expected to start production in 2023.

The Warren Buffett-backed Chinese new energy vehicle giant is also in Cathie Wood's holdings.

The BYD Seal will be offered in three range versions with a maximum combined range of 700km.

BYD officially launched the Han DM-i, Han DM-p, Han EV Founding Edition and Han EV Green Edition on Sunday.