BYD
How did BYD rise to prominence?
From the earliest days of the company's business establishment, to the difficult financing of the start-up, and then to the cost advantage, BYD's business has grown by leaps and bounds. The first seven years of BYD's existence were a period of rapid and unstoppable growth.
BofA: Rising blade battery adoption to drive BYD growth
In a report on October 29, BofA analyst Ming Hsun Lee and Jessie Lo said rising blade battery adoption and better mix of electronic business will drive growth of Chinese carmaker BYD.
BYD to unveil new EV platform, first model to be released next year
Chinese carmaker BYD is pre-researching its next-generation high-performance, high-safety pure electric vehicle platform, which will apply a host of innovative technologies to take full advantage of the electric vehicle's space, driveability and intelligence, Chinese media quoted BYD senior vice president Lian Yubo as saying.
BYD Han Sept deliveries up 40% from Aug to 5,612 units
BYD Han deliveries were 5,612 units in September, up 40.3 percent from August, according to data released by BYD on October 10.
BYD sells 19,881 new energy vehicles in Sept, up 45% year-on-year
BYD, the Chinese auto giant backed by Warren Buffett, sold 19,881 new energy vehicles in September, up 45.32 percent from 13,681 in the same month last year, the company's announcement on the Hong Kong stock exchange showed today.
BYD says will work to ramp up production of Han models as demand surges
BYD said today that after the Han model went on sale on July 12, there were a large number of customers waiting in line to pick up their cars. Currently, the number of Han models delivered is still not enough to meet the demand of existing and new customers for existing cars.
BYD wins Finland's largest-ever pure electric bus order
BYD announced on September 22 that it signed an order for 106 electric buses with Nobina, the largest public transport operator in Northern Europe, officially entering the Finnish market.
BYD reportedly in talks to supply electric car chips to Daimler
Warren Buffett-backed BYD is allegedly in talks with Daimler to supply the latter with chips the company produces and uses in its own electric cars.
Analysts raise BYD's price target, optimistic about Han's sales prospects
CITIC Securities raised the target price to 139 yuan / 159 HKD (the original target price of 94.9 yuan / 103.5 HKD), continue to focus on recommendations, maintain a "buy" rating.
BYD new energy vehicle sales down 8.59% in August, fuel car sales up 11.45%
BYD's August vehicle sales totaled 36,782 units, up 2.15 percent year-on-year. Among them, 15,283 new-energy vehicles were sold, down 8.59 percent year-on-year, while 21,499 fuel vehicles were sold, up 11.45 percent year-on-year, according to data released by the company today.
