BYD
BYD's Shenzhen campus enters closed operations as local Covid cases increase
The latest Covid outbreak has not had a noticeable impact on BYD, and the company is following the requirements of the local government to strengthen controls, BYD said.
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BYD launches Yuan Plus EV in Costa Rica
The model's name in Costa Rica is the same as the Chinese version, unlike in other markets where the name Atto 3 is used.
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BYD, Leapmotor reportedly in talks to take over GAC-Stellantis plant in Changsha
On July 18, Stellantis and GAC announced that they will terminate the joint venture GAC-Stellantis.
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BYD marches into Japan, home turf of Toyota and Honda
The BYD Atto 3 is expected to launch in Japan in January 2023, the Dolphin in mid-2023 and the Seal in the second half of 2023.
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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.
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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.
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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.
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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.
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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.
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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.
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