Streetbeat News

BYDDY

BYD Co

http://www.byd.com/

Open

70.74

Mkt cap

109B

Volume

31K

High

70.90

P/E Ratio

22.04

52-wk high

83.67

Low

69.95

Div yield

0.01

52-wk low

43.62

Chinese automaker BYD Auto is expanding its product portfolio with the Shark pickup truck, entering markets where American automakers like GM, Ford, and Toyota have a strong presence. While BYD has not announced plans to sell the Shark in the U.S., it is targeting countries such as Australia, Brazil, and Mexico.

Portfolio Pulse from

January 25, 2025 | 1:15 pm

BYD Electronic is poised for growth in its automotive segment and smartphone business, driven by synergies from a recent manufacturing plant acquisition and integration of Jabil's assets.

Portfolio Pulse from

January 23, 2025 | 6:00 am

BYD is set to complete a $1 billion manufacturing facility in Indonesia by the end of 2025, with vehicle production starting soon after. This expansion marks a significant investment in the region.

Portfolio Pulse from

January 21, 2025 | 4:15 pm

BYD has partnered with Grab to provide up to 50,000 electric vehicles (EVs) to Grab driver partners across Southeast Asia, expanding its EV footprint in the region.

Portfolio Pulse from

January 16, 2025 | 4:30 pm

Global EV sales are projected to increase by 25% to 17.1 million units in 2024, indicating a strong growth trajectory for the electric vehicle market. The decline in gasoline car sales further supports the transition to EVs as the new norm.

Portfolio Pulse from

January 15, 2025 | 3:45 pm

Chinese carmaker BYD has announced that a third ship carrying nearly 5,000 new energy vehicles (NEVs) has departed for Europe, indicating a strong push into the European market.

Portfolio Pulse from

January 08, 2025 | 4:15 am

BYD is seen as a strong investment due to its sales growth, competitive pricing, and profit margins. However, it faces near-term uncertainties from potential subsidy cuts and macroeconomic challenges.

Portfolio Pulse from

January 05, 2025 | 2:45 pm

BYD Company experienced a significant price increase in 2024, driven by strong sales performance and double-digit growth in revenues and earnings, despite challenges in the EV sector and potential economic hurdles.

Portfolio Pulse from

January 04, 2025 | 12:45 pm

Chinese electric vehicle makers, including BYD, Nio, Li Auto, and XPeng, reported strong sales in December 2024 amid an ongoing EV price war in China.

Portfolio Pulse from

January 02, 2025 | 1:45 pm

Chinese electric vehicle makers, including BYD, had a record December, indicating strong growth in the sector. BYD is expected to surpass Tesla in EV sales, but this may not be sufficient to boost its stock.

Portfolio Pulse from

January 02, 2025 | 12:45 pm

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