Etiqueta: Report

Representing over half of the top 20 electric vehicle (EV) best-sellers list during September, BYD continued to dominate domestically.

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BYD Korea said it has “completed review to release passenger car brands in the domestic market” and expects to enter the South Korean market early next year.

BYD (1211.HK, BYDDY) could ship more cars in 2024 than Ford (F) after the Chinese automaker sold more than 500,000 vehicles in October. The EV maker's quarterly revenue surpassed Tesla's (TSLA) in its latest earnings report. Nvidia (NVDA) is Piper Sandler's large-cap pick ahead of the chipmaker's third quarter earnings call on November 20, which could give more detail on the company's position in the artificial intelligence (AI) chip market. Monday.com (MNDY) shares are sinking despite the company reporting third quarter earnings and seeing revenue grow 33% year-over-year. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Naomi Buchanan.

Domestic NEV sales stood at 1.3 million units in October, marking the second consecutive month of record highs.