Etiqueta: News

BYD's 1,300-horsepower Yangwang U9 is built to bully the world's fastest hypercars for a fraction of their price.

The company's older lineup of vehicles is having a harder time keeping up with fresher offerings from rival electric car manufacturers

BYD Co sold a record number of electric and hybrid cars in the second quarter (2Q), sales data compiled by Bloomberg News shows, as price cuts and new technology stoked consumers into purchases. China’s best-selling car brand sold nearly one million models over the period, solidifying a rebound after a slow start to the year. The sales were driven in part by the company’s move to reduce prices across most models earlier this year, sacrificing profitability, to target gasoline models made by foreign brands.

The Chinese ride-hailing app has acclimated remarkably well to local conditions, challenging simplistic narratives about the entry of Chinese companies into the region.

Quarterly sales of 426,000 EV units put it within striking distance of once again overtaking Tesla

BYD Company Limited (OTCMKTS:BYDDY - Get Free Report) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totalling 134,600 shares, a drop of 14.6% from the May 31st total of 157,600 shares. Based on an average daily volume of 532,800 shares, the days-to-cover ratio is presently 0.3 days.