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Sodium-electric and semi-solid, half flame and half seawater | Jianzhi Research
Thanks to the new energy autos achieving a record high in delivery, the production, sales and installation volume of power batteries also hit a new high in June this year in all dimensions.
BYD Company Limited is expanding globally and will deliver nearly 6 million vehicles annually in two years, approaching the levels of Toyota and Volkswagen.
BYD Company Limited's journey to expand overseas is creating new opportunities for the company. JPMorgan believes that in the next 1-2 years, BYD's global expansion and potential growth opportunities in plug-in hybrid vehicles will drive a revaluation of its stock price. This week, China's electric vehicle giant BYD announced plans to invest $1 billion to build a factory in Turkey with an annual production capacity of 150,000 electric vehicles, which is expected to start production by the end of 2026.
Long-established state-owned developer says goodbye to real estate.
Ten years ago, Dong Mingzhu, then chairman of Gree Group, said that Gree should not focus on real estate business, but should focus on home appliances; ten years later, this became true. Gree Real Estate, which has separated from Gree Group, has decided to withdraw from real estate development business. On July 7th, Gree Real Estate announced that it will gradually withdraw from real estate development business in Shanghai, Chongqing, Sanya and other places, and plans to sell corresponding assets and liabilities; at the same time, it has updated its restructuring plan for Zhuhai Duty-Free Group, planning to buy no less than 51% of the equity of Zhuhai Duty-Free Group and promote Gree Real Estate's main business transformation to duty-free business.
BYD Has Its Eyes Set On Conquering Europe
On Monday, BYD Company Limited (OTC:BYDDY) signed a deal to open a $1 billion electric-vehicle factory in Turkey, directly threatening the dominance of Tesla Inc (NASDAQ:TSLA) in several European
Tesla Rival BYD to Built $1B EV Plant in Turkey
Chinese EV maker BYD Company (OTCPK:BYDDF) plans to build a massive $1B EV plant in Turkey with an annual capacity of 150,000 vehicles, Turkey's state-run Anadolu news agency said on Monday.
90,000, the last defense line of lithium prices? | Jianzhi Research
Has this round of liquidation just begun?
AH trends diverge, Hang Seng Index up 0.6%, CNOOC up 4%, national bond futures slightly rebound.
Rare earth permanent magnets concept stocks pull back, photovoltaic and lithography themes also weaken. Hong Kong's real estate, banks, and oil & gas stocks are strong, CNOOC up 4%, Agricultural Bank of China and China Merchants Bank rise more than 2%. After experiencing a sharp drop yesterday, national bond futures rebounded in early trading, with 10-year and 30-year national bond futures contracts rising nearly 0.1% in early trading.
Report: BYD Q2 electric car sales hit a record high, expected to surpass Tesla and return to the global No.1.
According to media data, in the second quarter of this year, BYD sold nearly one million pure electric and hybrid vehicles, setting a new historical record. In contrast, Tesla's electric car sales were 441,000, a year-on-year decrease of 5.4%, marking Tesla's second consecutive quarter of sales decline.
Nomura BYD in-depth report: Hybrid will be the next breakthrough, and this year's 'going global' revenue ratio will exceed 20%.
Nomura has released a deep report on BYD Company Limited, forecasting that hybrid cars will surpass pure electric cars as the main driver of growth, with a target price raised to 312 yuan, and overseas market revenue expected to account for more than 20%.
HSBC's attitude is clear: BYD has "huge potential for growth" while Tesla is "maintaining shareholding"!
The bank believes that Tesla is on the path of "difficult reality return", while BYD has a strong technical reserve and can continue to lead the new energy autos market.
EU Tariffs on China EVs: Who Are the Winners and Losers?
The European Union announced it will hike tariffs to as high as 48% on electric Chinese imported vehicles. China has threatened retaliation across agriculture, aviation and cars with large engines. Bloomberg's Danny Lee reports.
Li Yunfei of BYD: corporate competition is like playing cards, one should act according to their ability and not destroy the rules because of temporary gains and losses.
During June 6th and June 8th, Li Yunfei, the General Manager of Brand and Public Relations Department of BYD Company Limited, delivered a speech at the 2024 China Auto Chongqing Forum (CACS2024). Li Yunfei pointed out that in terms of price wars, companies should act according to their abilities due to their different sizes and situations. He looked back at the past two years, during which many auto companies, including BYD, had to raise prices due to the reduction of subsidies and the increase in raw material costs. However, with the decrease in raw material prices, price reductions are now possible. As for consumers, he emphasized that companies should not fool consumers, but should provide better services.
Tesla's sales in China increased by 17% compared to the previous year in May, due to the recovery of demand for EV.
Tesla, a leading American electric automobile company, saw an increase in passenger vehicle sales in China in May compared to the previous year. The recovery in EV demand is attributed to the Chinese government's trade-in program and the Beijing Motor Show, which drew consumers' interest. According to preliminary figures released by the China Passenger Car Association (CPCA) on the 4th, Tesla sold 72,573 units in May, a 17% increase from the same month last year.
Lynk & Co carries the banner of Geely's counterattack
The hybrid wind starts.
Tram delivery “Super Smash” in April: NIO is booming, Xiaopeng is left behind, and the Xiaomi SU7 delivered over 7,000 vehicles in the first month
On the first day of the May 1st holiday, domestic electric vehicle companies' delivery reports were released one after another!
BYD's price war, the more you fight, the more money you make? | Insight Research
Overseas markets, high-end and intelligence have become important labels for BYD this year
BYD held the spring press conference of Fangchengbao Auto, and the “5839” of the Fangchengbao family was unveiled!
This time, the supercar Panther 9 also made a surprise appearance!
BYD Wang Chuanfu: The company's long-term global sales target is 10 million units, half of which are overseas
J.P. Morgan pointed out that BYD's profitability in overseas markets will be higher than at home. Wang Chuanfu emphasized the importance of using artificial intelligence to improve the level of factory automation, especially overseas factories, in order to save labor costs, which is a major positive factor in improving BYD's profitability.
China's EV market surges in March, ADR rises
Chinese electric vehicle (EV) brands are being bought on the US stock market at the beginning of the day. The rapid increase in the number of units shipped in March compared to the same month of the previous year is well received. Shanghai Weilai Automobile (NIO)'s EV shipments in March were 11,866 units, up 14.3% from the same month last year, and up 45.9% from the previous month. In the January-March fiscal year, shipments fell 3.2% from the same period last year to 30,053 units.
Next week's big schedule: US non-farm payrolls in March, intensive speeches by senior Federal Reserve officials, Tesla, BYD Q1 sales PK
Focus on: China's Caixin manufacturing PMI for March, US non-agricultural data for March, ISM manufacturing and service PMI data, durable goods order data for February, European CPI for March. OPEC+ will hold a ministerial meeting, Powell and many other Federal Reserve officials will deliver speeches, and Kweichow Moutai will release financial reports.