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BYD Plans to Build EV Plant in Cambodia With Annual Capacity of 20,000 Units
Cambodia's Prime Minister met with BYD's general manager of the Asia Pacific auto sales head, saying BYD's plant in Cambodia will supply the local market and exports to international markets.
FAW-Volkswagen is going to fight a tough battle.
Eager to break through.
Express News | Cambodian Prime Minister: BYD Company Limited plans to establish a factory in Cambodia, assembling 0.02 million electric vehicles annually.
The Leopard 5 hybrid driving car has set the world record for the highest altitude reach and is crowned the 'King of the Plateau'.
On July 12, according to official information from the Leapmotor company, the Leapmotor's first super hybrid SUV, the Leopard 5, set a new Guinness World Record – the highest altitude reached by driving a hybrid vehicle. With the witness of the Guinness World Record certification officer, the on-site altitude was measured at 5,980.05 meters.
Huaxi Securities: Commercialization of "Luobo Kuai Pao" breaks through, Apple Intelligence welcomes its explosive first year.
Apple's stock price hit a historical high on July 8th, with a market cap approaching $3.5 trillion, overtaking Microsoft to become the largest market cap stock in the US. From April to now, Apple's stock price has surged more than 30%, while the S&P 500 index has only risen about 5% during the same period. The driving force behind this growth is mainly due to the market's confidence in Apple's global strategy, Apple Intelligence.
Credit Suisse: Maintains 'buy' rating for BYD Company (01211), target price raised to HKD 300.
According to the news from the WiseFinance App, Furui has released a research report stating that due to the recent strong trend of orders of Byd Company's (01211) DM5.0 model, the sales forecast for the 2024 fiscal year has been raised from 3.6 million vehicles to 3.8 million vehicles, and the full-year profit forecast has also been raised to RMB 34.4 billion. The bank has also raised the H-share target price of the stock from HKD 268 to HKD 300 and maintained a "buy" rating. Although negative factors such as lower average selling prices and a decrease in export sales ratio may affect the profit of the second quarter, the bank predicts that the pure profit per vehicle in the second quarter will improve to 8 due to lower R&D expenses.
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