Etiqueta: Hyundai

Key PointsBYD isn’t a household name within the United States largely because it doesn’t do business here.Nevertheless, this EV powerhouse does do business where electric vehicles

This incredible growth stock isn't on enough investors' radars.

BYD is set to end the reign of Tesla's electric vehicle dominance with the release of a brand new model to the European market earlier this month

It may be easy to dismiss initial numbers in emerging markets as being relatively small in quantity and purchasing power. But those markets are developing as the people within them develop. Establishing brand preference and tying the brand to the economic emergence of these countries has an impact that extends far beyond monthly sales rankings. Electric vehicles are the future, and BYD can make their brand most associated with that future. The opportunity exists to establish long-lasting brand preference that can span generations, if BYD can take advantage of it.

Cheaper Chinese EVs grab record share in growing market

The slowdown comes despite strong growth in Europe’s EV market, where battery-electric registrations jumped 24% this year.

The EV maker led 2024 sales but its pricing and lack of local manufacturing raise concerns.

New EV slots into BYD line-up between Dolphin and Atto 3 in competitive crossover segment

The BYD Sealion 6 lineup has been expanded this year to include a new base model and a new extended-range variant.

BYD’s 1,000 KW charging announcement could significantly improve the competitiveness between EVs and ICE cars IF the electrical infrastructure can handle the extra load.