➡️ EV makers such as Nio Singapore and BYD are leading this morning's China rebound, clocking gains of 7% each as of 11AM, recouping losses made during the week ➡️ The last time BYD shares had a bigger move was 3 months ago on 29 May. Today's move is accompanied by trading volume that is triple the daily average for this time of the day 📊 BYD shares had fallen as much as 4% yesterday, after posting first half net income that ...
i already own a car but my car is 6 years old now. thinking of changing to a new car but i was shopping around and a new e200 cost about $400k and i think it is a ridiculous price. the price of new cars are way too high especially luxury brands. BYD EV is about $150k and i bought my car 6 years ago and cost me around 125k. in conclusion, i dont think now is the time to buy a new car.
BYD boosts 2Q2024 net profit despite discounts $BYD COMPANY (01211.HK)$$BYD Company ADR (BYDDY.US)$ Despite gross margin falling by a bit, BYD's net profit hit 9.1 billion yuan (USD1.3 billion) in the Apr-Jun quarter, up 32.8% Don't buy car buy the car company
$XPeng (XPEV.US)$ Many were surprised by how low the starting price of the Xpeng Mona M03 EV was for the new model, ranging from 119,800 to 155,800 yuan (16,800 – 21,850 USD). This has led many people to question how Xpeng will make a profit from such a car. Following the launch, more information has emerged regarding how Xpeng can sell the car at such a low price, along with the other big question mark ove...
SoundOfMusic
:
"Xpeng believes it has created the cheapest high-end smart car model in history. " The US market can't believe what they see. Can't believe Xpeng is Tesla in China. Can't believe the ingenuity and innovation from Xpeng. They dropped the share price by 10% on the 28th. What a great opportunity. Xpeng has told you .194 Cd drag coefficient months ago. Only if the West accepts the facts, true competition can start. Tariffs are not the answers. Politicians can't make anything. They are slowing progress.
bullrider_21
OP
SoundOfMusic
:
Analysts are very bearish on China EV stocks. Prices are being manipulated. Xpeng has the best tech among China EV makers. The US is just being complacent and blocking China EVs. You can only compete if you are more innovative than your competitors, not by tariffs.
VIVEK SURANA
:
There is big difference between "can make profit" and " making profit". Apart from BYD no chienese company has proved that they are able to make a profitable BEV business. Even the NiO CEO was projecting earlier that 2024 will be a profitable year and now it is nowhere near profit.
bullrider_21
OP
VIVEK SURANA
:
Unfortunately, the Mona M03 is a low end car. Xpeng can make a profit if it can sell premium cars in large quantity. This is achievable now that they reduce the costs. But Xpeng is spending heavily in R&D.
AnaiAnai
:
Xpeng now one month only sold 10k units. Even add the cheapskate model Mona M03 10k also only 20k units. In the past 20k units also cannot breakeven. Now can breakeven in 2025?
$BYD COMPANY (01211.HK)$$BYD Company ADR (BYDDY.US)$ Despite gross margin falling by a bit, BYD's net profit hit 9.1 billion yuan (USD1.3 billion) in the Apr-Jun quarter, up 32.8% from a year earlier and its fastest growth since end-2023, while revenue grew 25.9% to 176.2 billion yuan, Tesla's net profit fell in 2Q2024 yoy for 2 consecutive quarters. BYD reported improved net profits in the second quarter thanks to its extended market leadership, even ...
$Tesla (TSLA.US)$$BYD COMPANY (01211.HK)$$NIO Inc (NIO.US)$$XPeng (XPEV.US)$ 1) Teslarati: Tesla China saw 14,200 new vehicle registrations in the week of August 19-25, 2024. These results suggest that Tesla China is poised to end Q3 2024 on a high note. Industry watchers have noted that Tesla China is showing signs of a good comeback this third quarter. As per TSLA bull and The Future Fund Managing Partner Gary Black, Tes...
$BYD COMPANY (01211.HK)$$BYD Company ADR (BYDDY.US)$ China's leading EV maker, BYD, will use Huawei's advanced driver-assist system (ADAS) tech for its new "hard-core" electric SUV brand. The new partnership comes as BYD looks to close the tech gap with Tesla and other upcoming Chinese rivals. BYD's new "professional grade" Fang Cheng Bao brand earned a major upgrade Tue after securing a partnership with Apple riv...
BYD Futures(SEP4) Forum
➡️ The last time BYD shares had a bigger move was 3 months ago on 29 May. Today's move is accompanied by trading volume that is triple the daily average for this time of the day
📊 BYD shares had fallen as much as 4% yesterday, after posting first half net income that ...
$BYD COMPANY (01211.HK)$ $BYD Company ADR (BYDDY.US)$
Despite gross margin falling by a bit, BYD's net profit hit 9.1 billion yuan (USD1.3 billion) in the Apr-Jun quarter, up 32.8%
Don't buy car buy the car company
Many were surprised by how low the starting price of the Xpeng Mona M03 EV was for the new model, ranging from 119,800 to 155,800 yuan (16,800 – 21,850 USD). This has led many people to question how Xpeng will make a profit from such a car. Following the launch, more information has emerged regarding how Xpeng can sell the car at such a low price, along with the other big question mark ove...
Despite gross margin falling by a bit, BYD's net profit hit 9.1 billion yuan (USD1.3 billion) in the Apr-Jun quarter, up 32.8% from a year earlier and its fastest growth since end-2023, while revenue grew 25.9% to 176.2 billion yuan,
Tesla's net profit fell in 2Q2024 yoy for 2 consecutive quarters.
BYD reported improved net profits in the second quarter thanks to its extended market leadership, even ...
$BYD COMPANY (01211.HK)$ $Huawei Hongmong (BK0795)$
1) Teslarati:
Tesla China saw 14,200 new vehicle registrations in the week of August 19-25, 2024. These results suggest that Tesla China is poised to end Q3 2024 on a high note. Industry watchers have noted that Tesla China is showing signs of a good comeback this third quarter. As per TSLA bull and The Future Fund Managing Partner Gary Black, Tes...
China's leading EV maker, BYD, will use Huawei's advanced driver-assist system (ADAS) tech for its new "hard-core" electric SUV brand. The new partnership comes as BYD looks to close the tech gap with Tesla and other upcoming Chinese rivals.
BYD's new "professional grade" Fang Cheng Bao brand earned a major upgrade Tue after securing a partnership with Apple riv...
For autos, $XPENG-W (09868.HK)$ jumped up 2.3% after it launched mass market brand, with a selling price starting from nearly US$17,000. Its peer $LI AUTO-W (02015.HK)$ receded 7.6% to $77.6 as it will release results today. $BYD COMPANY (01211.HK)$ ebbed 0.3...
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