Although the Zacks Foreign Auto industry is unfavorably ranked currently, stocks like BYDDY, GELYY and XPEV are worth buying now.
The Tesla rival's decision to provide essentially free driver assistance products created an unexpected backlash.
Complaints about BYD , over its move to offer free smart driving features across most of its line-up have flooded a prominent Chinese auto quality platform, many from customers who said they had overpaid for their cars.
Chinese electric carmaker BYD acquired mineral rights for two plots of land in a lithium-rich part of Brazil in 2023, entering the mining business in its biggest market outside of China, according to public records reviewed by Reuters.
BYD Company Limited's God's Eye ADAS, with Level 2 Autonomy, will be standard in low-cost models, increasing pressure on Chinese EV companies to also offer comparable deals. BYD's God's Eye will come in different tiers, but the introduction of ADAS in entry models is mostly a challenge to Chinese companies that compete in the same market. BYD surpassed Tesla in Q4 2024 deliveries, reinforcing its position as a leading global EV maker and intensifying market competition.
Here is how Byd Co., Ltd. (BYDDY) and Strattec Security (STRT) have performed compared to their sector so far this year.
Does Byd Co., Ltd. (BYDDY) have what it takes to be a top stock pick for momentum investors?
If you are looking for stocks that are well positioned to maintain their recent uptrend, Byd Co. (BYDDY) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
Investors seem to be growing worried that Elon Musk, for all his business acumen, is getting distracted, with his fingers in too many pies.
Chinese electric vehicle maker BYD unveiled “God's Eye,” an advanced driver assistance system that will be install on its entire model lineup, including its $9,600 Seagull hatchback.
BYD is among the fastest growing and most profitable electric vehicle ((EV)) stocks on earth. The rapid growth is quite remarkable because the company is already big to begin with. BYD offers a diverse product line, from consumer sedans to busses and trucks.
China EV maker BYD plans to install its self-driving technology on most cars without extra cost, and even cheaper models. Analysts say this could be another hurdle for Tesla.