$Tesla (TSLA.US)$ Unless Tesla pulls out a miracle in the final stretch, the Telsa Model Y very likely won't take the lead as Europe's best-selling vehicle this year. That honor looks to be going to an entirely different type of vehicle, the ICE hatchback Dacia Sandero. The Dacia Sandero jumped ahead after big leads in both Nov and 11-month sales, according to Automotive News Europe. The Sandero leads its closet c...
$BYD COMPANY (01211.HK)$$BYD Company ADR (BYDDY.US)$ BYD has entered Ethiopia, expanding its presence into the East African market. The Chinese new energy vehicle (NEV) maker announced its official entry into the local market on Dec 21 with Ethiopian distributor Moenco, a subsidiary of the Inchcape Group, at a brand launch event in the country's capital Addis Ababa. BYD rolled out 5 battery electric vehicle (BEV) models in Ethiopia, including the co...
$BYD COMPANY (01211.HK)$$BYD Company ADR (BYDDY.US)$ BYD Korea, BYD's South Korean subsidiary, said that it has completed the selection of six dealer partners ahead of the launch of its domestic operations in South Korea in Jan next year, according to a report by South Korea's Maeil Business Newspaper. The six dealers are DT Networks, Samchully EV, Harmony Automobile, Vision Mobility, GNB Mobility, and SS Motors, which will be respon...
Tesla's shares surged more than 80% after Donald Trump's win in the 2024 presidential election, propelling its market capitalization to $1.5 trillion. This valuation accounts for half of the combined worth of global automakers, positioning$Tesla (TSLA.US)$as 6.5 times the size of$Toyota Motor (7203.JP)$, the second-largest automaker, and 14 times the size of$BYD COMPANY (01211.HK)$, the third-largest. A key fa...
$BYD COMPANY (01211.HK)$$NIO Inc (NIO.US)$$XPeng (XPEV.US)$ 1) Visual Capitalist: • This graphic illustrates the projected growth of per-capita GDP for selected Asian nations between 2023 and 2026, based on data compiled by HSBC as of November 2024. • China is forecasted to experience an average per-capita GDP growth of just 3.9%. China’s economy is facing a series of significant challenges, including a property crisis and high yo...
DoRaeMi
:
Bro, their growth is indeed 3.9%, but the method of how they calculate is different from the rest of the world? Don't tell me u never noticed that? China growth is based on the amount of "goods produce", but in actual fact not sold or exported. Thus, they are known for "over-producing" just like their EV The world GDP Calculation is based on sold product or goods exported. That's why u can see US GDP is decreasing while China GDP is increasing even during COVID-19 period, which made no absolute sense
ZnWC
OP
bullbearnme
:
Someone may say the projected GDP is biased as it is different from China official forecast. Gao (economist at SDIC security and based in China) also projected a similar GDP figure based on his analysis data. Due to strict censorship in China, it is difficult to find other opposing voices. I have provided a YouTube video link which explained in clarity on how Gao used analysis data to point out the official GDP is not accurate. - YouTube
Lewis TEG
:
report show purchasing power parties drop to the lowest in 12 years. This matches the forecast of GDP. Well, it looks like consumer goods are going to get a hit.
ZnWC
OP
:
The 27 analysts surveyed by Nikkei Asia revised their GDP forecast for 2025 to 4.4%, representing a 0.1 percentage point decline from the previous prediction. The outlook for 2026 also indicates a downward trend, with economists anticipating GDP growth of 4.1%. Despite the looming uncertainties, some economists remain optimistic. Kenny Ng, securities strategist at Everbright Securities International, expects China to achieve 4.9% growth in 2025, citing Beijing's ongoing efforts to stabilize the property and financial markets. However, others express more cautious sentiments. Wang Tao, UBS chief China economist, forecasts a slower GDP growth of 4.0% in 2025, warning that US tariff hikes will likely further strain the property market. J.P. Morgan Chief China Economist Haibin Zhu offers the most pessimistic outlook, predicting a mere 3.9% GDP growth in 2025. Zhu warns that the tariff hike could negatively impact growth by nearly 2 percentage points, prompting potential retaliatory measures from Beijing. Source: China's GDP growth to decelerate to 4.4% in 2025, say economists Or China's Economic Growth to Decelerate in 2025, Says Economists It said a turnaround in the China property market was not expected until late 2025. The World Bank forecasts growth in China will slow to 4.5% for 2025. Someone said the 4.9% forecast is more reliable. Having such a mindset is childish and not thinking from the economic perspective. As shown above, the difference in China's GDP growth forecast is due to the different view about risk. Some forecasts seem to be more pessimistic because they weigh more on the risk that the US tariff hike may bring. It is also important is to read from more than one forecast and the reasons behind it.
$BYD COMPANY (01211.HK)$$BYD Company ADR (BYDDY.US)$ The BYD Dolphin officially became the safest car in Latin America by earning five stars in the Latin NCAP crash and safety test. It is also the first battery electric vehicle that scored five stars in Latin NCAP's history. The BYD Dolphin is an electric hatchback launched in China in 2021. It reached Latin America in 2023, turning into one of the hottest sellers in Brazil. Previously, the...
$BYD COMPANY (01211.HK)$$BYD Company ADR (BYDDY.US)$ BYD has entered the Estonian passenger car market, further expanding its European footprint. The first 2 BYD stores in Estonia, built by the Chinese new energy vehicle (NEV) maker in partnership with international dealership group Inchcape Motors, opened on Dec 11 in the capital Tallinn and the second-largest city of Tartu, according to an announcement. The company introduced 4 models --...
$Tesla (TSLA.US)$$BYD COMPANY (01211.HK)$$NIO Inc (NIO.US)$$XPeng (XPEV.US)$ 1) Tesla shares just reached a new all-time high following Trump’s victory in the 2024 presidential election, propelling the company to a massive $1.5 trillion valuation as of December 18, 2024. This graphic highlights the most valuable automakers by market cap worldwide as of December 13, 2024, based on figures from CompaniesMarketCap....
晴瓦林
:
PEG is one of the "too hard pile" ratios to me, it doesn't tell me how much the company has net income or even net margin. With a negative P/E, I probably can guess that the company is running at a loss. I'd prefer a P/E day chart to see how high can the company push the price up without crashing down.
$BYD COMPANY (01211.HK)$$BYD Company ADR (BYDDY.US)$ China's leading EV maker will try its hand in a promising new field. As electric car sales continue surging to record highs, BYD plans to take on the world of humanoid robots. To kick things off, BYD announced a new recruitment program to attract top talent from around the globe. BYD is taking the global auto market by storm. In Nov, the Chinese auto giant sold a record 5...
$BYD COMPANY (01211.HK)$$BYD Company ADR (BYDDY.US)$ BYD has reportedly set up a new division to ramp up its investment in artificial intelligence (AI) and large models, as the Chinese new energy vehicle (NEV) maker puts more emphasis on vehicle intelligence. The company has set up an advanced technology research and development centre, which has divisions including an AI lab, AI supercomputing development department, and a big data platf...
bullrider_21
OP
:
BYD will be investing a huge sum of RMB 100 billion into AI. There will be smart driving for all new EVs including the low end segment.
HSC_hipot : It will. 100%. That’s the reason why Tesla has to try developing cheaper models to compete.