BYD Company Limited (BYDDY)
Exclusive: Chinese workers in BYD Brazil factory signed contracts with abusive clauses, investigators say
The workers who traveled from China to northeast Brazil to build a new factory for electric car maker BYD earned roughly $70 per 10-hour shift, over twice the Chinese hourly minimum wage in many regions. For many, that made signing up an easy decision - but getting out would be much harder.
Why this China-made BYD Shark pickup is drawing attention in the global truck market
There's a Shark entering one of the greatest profit pools for American automakers globally, as Chinese automaker BYD Auto expands its reach and product portfolio with a pickup truck. BYD has not announced plans to sell the Shark in the U.S., but it has entered countries where GM, Ford and Toyota have sold pickup trucks globally, including Australia, Brazil and Mexico.
BYD Electronic: Focus On Automotive Business And Acquisition Integration
I continue to award a 'Buy' to BYD Electronic, in view of the auto segment's growth potential and the synergies pertaining to its manufacturing plant purchase. BYD Electronic's automotive segment is projected to grow significantly by riding on the coattails of its parent. The company's smartphone business is set to benefit from the integration of Jabil's acquired assets, with the opportunity to enhance margins and expand product sales.
BYD to Complete Construction of $1B Indonesia Facility by Late 2025
BYDDY plans to complete its $1 billion plant in Indonesia by the end of 2025 with vehicle production to commence shortly after construction is completed.
China's BYD to complete $1 billion Indonesia plant by year-end, executive says
China's top electric vehicle maker BYD aims to complete its $1 billion plant in Indonesia at the end of 2025, the head of its local unit said on Monday.
BYD Partners With Grab to Expand EV Footprint Across Southeast Asia
BYDDY partners with Grab to provide Grab driver partners access to up to 50,000 BYD EVs across Southeast Asia.
The EV Growth Story is Far From Over: 2024 Highlights and 2025 Outlook
Global EV sales soar 25% to 17.1 million units in 2024. With gasoline car sales in long-term decline, the transition to EVs is becoming the new norm.
BYD steps up Europe expansion with new compact SUV
BYD will launch its new Atto 2 compact SUV in Europe in February, the Chinese EV giant said on Friday, adding to competition in Europe's electric car market.
Warren Buffett-Backed BYD Launches Australia's First EV Under $30K: How The Move Could Strengthen Fight Against Elon Musk's Tesla
Electric vehicle company BYD Co BYDDF BYDDY is launching the first electric vehicle to come with a starting price under $30,000 in Australia, a move that could boost the country's electric vehicle market.
China's BYD says 5,000 NEVs set sail for Europe
Chinese carmaker BYD said on Wednesday that a third roll-on/roll-off ship carrying close to 5,000 new energy vehicles bound for Europe has set sail.
Exclusive: BYD brought hundreds of Chinese workers to Brazil on irregular visas-inspector
Electric vehicle producer BYD brought hundreds of Chinese workers on irregular visas to build a factory in Brazil, a key labor inspector told Reuters on Tuesday, adding the company has pledged to comply with local labor laws for the workers remaining in the country.
BYD: The King Of EV, Albeit With Mixed Near-Term Signals (Rating Upgrade)
BYD remains a compelling investment due to its double digit sales growth, focus on competitive pricing, and strong profit margins, partly aided by the recent market pullback. The same has been observed in the management's decision to "asked a supplier to cut its prices by 10%," with it allowing its offerings to remain highly competitive. Even so, BYD faces near-term uncertainties from the potential subsidy cuts and sluggish macroeconomic growth, worsened by the mixed geopolitical sentiments.
