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Apple's car-making project failed, directly benefiting BYD Company Limited? It is rumored that they have been secretly collaborating for six years, developing long-range electric vehicle batteries.
According to the media, ten years ago, BYD Company Limited engineers showed Apple executives an early version of blade batteries, planting the seeds of cooperation, and the cooperative research and development laid the foundation for BYD's current vehicle battery technology; Apple does not own any technology currently used in blade batteries; Before cooperating with BYD, Apple had invested millions of dollars in battery pack design and engineering.
Is BYD Company Limited's (HKG:1211) Recent Stock Performance Tethered To Its Strong Fundamentals?
Tesla Receives Approval for Capacity Expansion at German Plant
Soochow: New energy autos sales in September exceeded expectations, industry chain profits bottoming out and stabilizing.
In September, the domestic autos benefited from local government incentives for consumer autos and the launch of new models, with new energy autos sales of 1.287 million vehicles, a year-on-year increase of 42%/17%, exceeding expectations.
China Auto: BYD a Top Pick at Mizuho, Big Gains for Leapmotor and Seres
Market Chatter: BYD Slams EU Tariffs Amid Plans to Boost European Production
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EZ_money : i wouldn't trust Israel not to target oil eventually which would spike oil and push up gas prices higher, that will get more people into EVs as well. plus rate cuts will spark more sales.