BYD
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.
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.
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.