BYD tapped the Chinese state-backed company, Sinopec, to help it build a larger charging network than Tesla.
BYD unveiled new service packages on Thursday aimed at accelerating adoption of its “God's Eye” assisted-driving platform as the company intensifies its push into autonomous driving amid slowing domestic demand and mounting competitive pressure. Chairman Wang Chuanfu said the automaker's long-term goal is to achieve “zero traffic accidents” through intelligent driving technology.
Ferrari N.V. is rated a buy after a 36% share price decline, supported by strong long-term earnings and revenue growth. RACE faces challenges balancing electrification with brand heritage, as BEV strategy shifts and regulatory risks complicate future positioning. BYD Company Limited receives a buy rating for growth-oriented investors despite margin compression, geopolitical, and overcapacity risks in China.
BYD launches the 2026 Seagull with optional LiDAR-based driver assist tech, bringing advanced EV features to lower-priced models.
BYD sees an upside to gas-powered cars becoming more expensive to run. BYD exec Stella Li said that the rising cost of gas is driving interest in the Tesla rival's EVs.
BYD is negotiating with Stellantis and other European car makers to take over underused factories in the region, Bloomberg News reported on Wednesday, citing the Chinese company's top international executive.
BYD reported on Sunday that it delivered 314,100 new energy passenger vehicles in April, a 15.7% year-on-year decline, as competition gets more intense. Exports were a bright spot, reaching a record.
Chinese electric vehicle maker BYD reported another monthly decline in vehicle sales, marking its longest-ever downturn as demand in its home market remains subdued. BYD's vehicle sales fell 15.5% year-on-year in April, extending the streak to eight consecutive months of decline.
Chinese electric vehicle giant BYD's vehicle sales fell for an eighth straight month, down 15.5% from a year earlier in April, extending its longest-ever sales downturn as it struggles with weak demand at home.
BYD faced scrutiny in EU Parliament over alleged labor abuses at its Hungary plant. One of the contractors is a subsidiary of the same Chinese firm that was accused of subjecting workers to slave-like conditions at a BYD factory in Brazil.
Chinese car brands like BYD are gaining traction among German consumers who are increasingly looking to buy electric cars amid rising fuel prices, according to online marketplace data seen by Reuters on Thursday.
BYDDF's overseas expansion and increased FY2026 delivery target may offset some of the domestic demand headwinds while capitalizing on the strong export growth prospects. Their vertically integrated semiconductor, battery, and automotive capabilities also imply their ability to mitigate the higher COGS entering FY2026, aided by the diversified EV/PHEV platforms. BYDDF's valuations are still attractive at an EV/Sales of 0.96x and a 2Y PEG ratio of 0.68x, with it offering an excellent upside potential to my long-term price target of $18s.