Etiqueta: Sales

Several accounts on Chinese social media Xiaohongshu (RedNote) have revealed images of the next generation of BYD “Flash Chargers” (aka, “megawatt chargers”). According to the label on the plastic wrap surrounding the charge gun, the 1000 V DC chargers offer up to 1200 kW of charging power, presumably for each gun. Other labels indicate 1500 kW and 2100 kW, which could be for the pile with two charge guns or some other system-level output. We will need to wait for confirmation. Of note, BYD’s current flash chargers introduced last March offer 1360 kW per pile, accessible via both charge guns used simultaneously. So, this is likely a bit of a performance upgrade.

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HONG KONG, Feb 2 (Reuters) - Shares of BYD Co Ltd sank to their lowest level in at least a year on Monday, leading a broader selloff in Chinese automaker stocks after they reported weaker sales in January as a revised subsidy scheme weighed on budget car brands. The selloff underscores growing investor concern that China’s carmakers are heading into a prolonged slowdown as demand softens at home

The latest investor updates on stocks that are trending on Monday.

Shenzhen-listed shares of BYD Group fell over 4.2% on Monday, closing at 87.05 yuan — the lowest price in 16 months — a day after the company reported its weakest sales figures in nearly two years.…

The latest investor updates on stocks that are trending on Monday.

Chinese automakers BYD and Xpeng saw a decline in stock values on the Hong Kong exchange due to lower January sales.

BYD sold 210,051 NEVs in January, representing a 30.11% decline year-on-year and a steep 50.04% drop compared to December.

HONG KONG, Feb 2 (Reuters) - Shares of BYD Co Ltd sank to their lowest level in at least a year on Monday after the electric vehicle (EV) maker reported a 30% drop in its car sales in January, the biggest in nearly two years. BYD's Hong Kong-listed shares dropped 7.8% to HK$90.10, the lowest since February 3, 2025, and were poised for their worst daily performance in May 26, 2025. In Shenzhen,

BYD Co. led a selloff of Chinese electric vehicle makers in Hong Kong Monday, after soft January sales figures signaled demand is cooling in the world’s biggest auto market.