BYD will start the application of Solid State Battery in vehicles in 2027, entering a period of intensive catalysis in the Solid State Battery Industry.
① BYD plans to launch mass demonstration vehicle applications for Solid State Battery around 2027, achieving large-scale adoption after 2030. ② According to the Statistics in the "Solid State Lithium Battery Technology Development White Paper," the planned domestic production capacity for Solid State Battery has reached hundreds of GWh, which will significantly boost investment in Solid State Battery equipment.
"The elephant dances," BYD welcomes a historical moment! Multiple stocks with a Market Cap of over 100 billion have reached new highs this year.
Several stocks with a market cap of over one hundred billion yuan have reached new highs this year. In terms of market cap, the Industrial And Commercial Bank Of China and Bank Of China rank at the top, with BYD in third place. In terms of percentage increase, Beijing Enlight Media leads with a rise of 267.9% this year.
Breaking! BYD Concept stocks officially announce strategic cooperation surrounding eVTOL and other areas | Post-market announcement highlights.
CHINA TELECOM: On February 20, the lockup period for restricted shares, accounting for 62.7% of the company's total share capital, expired and they were listed for trading.
Elon Musk was caught off guard! BYD's "smart driving" big move causes Tesla's Market Cap to evaporate by more than 200 billion dollars.
① After BYD announced the "Eye of God" smart driving system, Tesla's stock price plummeted by 6.34% on Tuesday, with a market cap evaporating by more than $200 billion in just five days. ② Tesla plans to launch fully autonomous driving and Self-Driving Cars ride-hailing services in Texas this June, but compared to competitors like Waymo and BYD, it seems to have lost its competitive edge in the smart driving sector.
Contemporary Amperex Technology submitted a listing application to the Hong Kong Stock Exchange, with fundraising directed towards a project in Hungary | Quick read announcement.
1. Contemporary Amperex Technology Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, with sponsors and coordinators including Bank of America, CICC, JPMorgan, Goldman Sachs, UBS Group, and others; 2. According to the application materials, part of the funds raised from the Hong Kong stock listing will be used to promote the first and second phases of the Hungary project.
JPMorgan: The "three surprises" of BYD's intelligent driving.
JPMorgan stated that BYD's intelligent driving system has brought three positive surprises: a significant reduction in the starting price of configurations, prices remaining almost unchanged, and widespread coverage of models, overturning the market's general expectations.