Etiqueta: Sales

BYD's Profitability Dilemma: Navigating China's EV Price War and Global Expansion

BYD's passenger BEV sales in August rose 34.43 percent year-on-year, while PHEV sales fell 22.69 percent.

Chinese electric vehicle (EV) manufacturer BYD has experienced a decline in quarterly profits, amid a price war clampdown.

The latest investor updates on stocks that are trending on Monday

BYD’s shares were sharply lower after the Chinese electric-vehicle maker reported weaker than expected earnings as well as a narrower profit margin. Its Hong Kong-listed shares fell 5.6% to 108.00 Hong Kong dollars early Monday, equivalent to $13.85, in early trade Monday, even while the benchmark Hang Seng Index rose 2.0%. BYD’s Shenzhen-lis...

BYD saw a 6% drop in HK-listed shares after reporting a 30% decline in net profit at Q2 earnings call. Sales surged in Europe and India.

Over the past few days, I have been scouring through BYD’s 1H Interim Report. Overall, performance was what I expected, if below some projections, but a few notable items stood out.

The Resilience and Opportunity in China's Smaller EV Makers Amid BYD's Global Expansion

As BYD Co. weathers a rough patch atop China’s market for new-energy vehicles, other, smaller players are surpassing their sales goals by leaning into demand for cheaper cars.

BYD’s Profit Decline and the Risks of Sustained Price Wars in the EV Sector: Assessing the Long-Term Sustainability of Aggressive Growth Strategies