Etiqueta: BYD

BYD’s shares were sharply lower after the Chinese electric-vehicle maker reported weaker than expected earnings as well as a narrower profit margin. Its Hong Kong-listed shares fell 5.6% to 108.00 Hong Kong dollars early Monday, equivalent to $13.85, in early trade Monday, even while the benchmark Hang Seng Index rose 2.0%. BYD’s Shenzhen-lis...

BYD saw a 6% drop in HK-listed shares after reporting a 30% decline in net profit at Q2 earnings call. Sales surged in Europe and India.

Over the past few days, I have been scouring through BYD’s 1H Interim Report. Overall, performance was what I expected, if below some projections, but a few notable items stood out.

The Resilience and Opportunity in China's Smaller EV Makers Amid BYD's Global Expansion

China’s automakers are readying a new crop of hybrid and all-electric vehicles for Europe, using next week’s Munich auto show to kick off the next phase of their expansion in the region.

The milestone comes as Indian Prime Minister revisits China amid hopes for thawing Sino-Indian relations.

As BYD Co. weathers a rough patch atop China’s market for new-energy vehicles, other, smaller players are surpassing their sales goals by leaning into demand for cheaper cars.

BYD’s Profit Decline and the Risks of Sustained Price Wars in the EV Sector: Assessing the Long-Term Sustainability of Aggressive Growth Strategies

Hong Kong-listed shares of BYD fell more than 6% after the Tesla rival reported a quarterly profit drop amid a price war in its domestic industry.

BYD’s profit fell nearly 30% in Q2, its first decline in three years.