Etiqueta: Report
China is sending its world-beating auto industry into a tailspin
Government policies that prioritize production targets over market demand have led to overinvestment by carmakers. The resulting glut of vehicles has created lose-lose transactions throughout the sales chain, and spawned a variety of irregular practices.
Byd Co. (BYDDY) Upgraded to Buy: What Does It Mean for...
Byd Co. (BYDDY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Xpeng to bring in new battery supplier besides BYD for Mona...

The move aims to reduce reliance on a single supplier and lower costs.
Stellantis’ Chinese brand Leapmotor to build cars in Spain, CEO Antonio...
The move could allow Leapmotor to avoid EU tariffs on Chinese full-electric and extended-range hybrid vehicles. Reports have focused on the B10 compact electric SUV as the likely model.
Byd Co., Ltd. (OTCMKTS:BYDDY) Short Interest Up 381.6% in August

Byd Co., Ltd. (OTCMKTS:BYDDY - Get Free Report) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 1,625,800 shares, a growth of 381.6% from the August 15th total of 337,600 shares. Based on an average daily trading volume, of 6,348,100 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 6,348,100 shares, the short-interest ratio is currently 0.3 days.
EU Concerns About Chinese Subsidies: What the Evidence Suggests

China uses subsidies extensively to take a leading role in the global markets of green-tech products such as battery electric vehicles and wind turbines. Against the background of the current EU investigations into Chinese subsidies in these sectors, this article takes a careful look at the Chinese subsidy system and provides new data on direct government subsidies to leading Chinese producers of electric cars and wind turbines. Extensive government support has allowed Chinese companies to scale up rapidly, to dominate the Chinese market and to expand into foreign markets. The article concludes that the EU should use its strong bargaining power due to the single market to induce the Chinese government to abandon the most harmful subsidies.
1 Company That Could Overtake Tesla as the World’s Top EV...

Tesla's sales are shrinking, but this EV maker continues to grow.
BYD targets “Flash Charging” in Europe with a single cable

BYD plans to bring its so-called “Flash Charging” to Europe, transferring up to 1,000 kW via CCS. In China, the system works by plugging in two cables
BYD to start production at Hungarian plant this year; 1-MW ultra-fast...

The first model to be produced at BYD's Hungarian factory will be the Seagull. Europe's first 1-MW BYD chargers will be deployed next year.
BYD executives buy shares in a show of confidence in the...
In a rare move, more than three dozen BYD executives increased their stakes in the world's largest electric-vehicle (EV) maker, which is likely to boost investor confidence after its shares plunged more than 20 per cent from an all-time high in May. Thirty-seven executives, including five vice-presidents, spent a combined 52.3 million yuan (US$7.3 million) to buy 488,200 Shenzhen-listed shares to "display their continued optimism about the investment value of the company", BYD said in filings to