BYD
BYD to showcase its passenger car lineup at Paris Motor Show in October
BYD's new energy passenger car offerings are expected to go on sale and be delivered in Europe in the fourth quarter, the company said, without revealing exactly which models.
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BYD Seal to be officially launched on July 29
The BYD Seal went on pre-sale in China on May 20 with a starting price of RMB 212,800 ($31,860) and received 22,637 orders in seven hours.
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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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