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BYD Emphasizes Strong Partner Collaboration in the Energy Storage Market During Partner Conference
BYD Denza Launches Z9 Sedan With Starting Price of $46,320
Market Chatter: BYD's Hungary Facility to Start Operations in H2 2025, Prime Minister's Office Says
BYD Signs Deal to Set up Electric Bus Manufacturing Base in Azerbaijan
BYD Yangwang Starts Pre-sales of U7 Luxury Sedan
[Brokerage Focus] Citibank: Analysis of market share dynamics and market trends in China's new energy auto market.
Jingu Financial News | Summary: Citigroup's research report analyzes the latest trends and developments in China's new energy vehicle market. The report points out that brands such as BYD, Geely, SAIC-GM-Wuling, Chery, and Xiaomi saw a month-on-month increase in market share in the new energy vehicle market in October. The sales of domestically produced new energy vehicles in China increased by 7% compared to the previous month and by 66% year-on-year, in line with market expectations. In addition, the sales penetration rate of internal combustion engine vehicles (ICE) has slightly rebounded, while the market trends for battery electric vehicles (BEV), plug-in hybrid electric vehicles (PHEV), and extended-range electric vehicles (EREV) are -0.2, +0.5, and -.
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102332870 : why care BYD as their global reach is extensive, and will have deals all over the world
Cui Nyonya Kueh OP 102332870 : it means Nio has another competitor.. especially both news are release on the same day
安安稳稳过日子 : NIO main concern now isn’t about demand. It’s about production and supply.
安安稳稳过日子 : Having more competition is a good thing too. That means the demand is growing in that country. The situation is like lunch time crowd and food stalls.
Whoever can serve the fastest will get the most profit during the golden window. NIO needs to focus on serving lunch fast before thinking about expanding to breakfast menu.
Dragon Fish 安安稳稳过日子 : F3 will solve the issue. Wait for the 3rd Qtr 2025 when the new factory is ready.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")