Etiqueta: Hong Kong

BYD’s European EV Invasion – Boom in Sales but Stock Takes a Hit! - TechStock²

Last year, the company achieved nearly 600 million in revenue but suffered a loss exceeding 200 million.

On Thursday, October 2, a consortium comprised of BYD, MKX Technologies and Zhidao Network Technology was awarded a contract with Singapore’s Land Transport Authority (LTA) for autonomous buses to start driverless public operation in the second half of 2026. BYD currently has over 300 electric buses BYD in operation or on order in Singapore. The initial pilot phase will add 6 autonomous vehicles alongside existing buses on the 191 and 400 lines, with potential to add another 14 buses in the trial phase. However, this could increase rapidly, with the LTA planning to have 100-150 autonomous vehicles on the road. As CNA reports:"This phased approach enables LTA to progressively scale up the deployment of autonomous buses, while ensuring bus operations remain reliable and safe… AV buses will complement existing buses, allowing us to maintain routes with lower ridership or introduce new services that are hitherto difficult to introduce due to manpower constraint."

BYD's hybrid SEAL U DM-i and electric SEALION 7 proved popular among U.K. consumers and dominated sales, the company said.

BYD (OTCMKTS:BYDDY) Shares Down 3.5% - What's Next?

Buffett's full sell - off of BYD shares offers a valuation warning, yet it doesn't signal the end of BYD's long - term growth potential.

Chinese EV Shares Sink As Tesla Reclaims Momentum In Global Market

BYD just took its first hit in 19 months. The automaker’s September sales dropped 5.5% year-on-year, with just over 396,000 cars sold, according to its Hong Kong stock filing on Wednesday. This is the first year-on-year decline since the streak began, and it’s happening while China’s domestic demand weakens and government pressure ramps up against […]

From Hong Kong’s first potential electric car manufacturing plant to BYD eyeing a sales boost, here are seven EV stories you may have missed.