The Chinese biggest EV maker broke with its usual practice of not providing guidance ahead of its earnings report due later Monday. This month, the stock’s volatility jumped to the highest since October 2022, indicating increased investor demand for downside protection. Last year, new competitors ramped up pressure in the Chinese EV market. Savvy investors will...
In a recent filing with the Shenzhen Stock Exchange, BYD Co. ( NYSE:BYD ) announced a robust surge in its 2023 net income, projecting an increase of 75% to 86.5% compared to the previous year. Despite this impressive growth, the company fell short of analyst expectations, sparking a 5.44% drop in NYSE:BYD shares and extending losses to roughly 37% over the past...
BYD's reasoning is that the raw materials for lithium batteries have been rising due to market changes, power restrictions, and production limitations. BYD, China's largest new energy vehicle company, is also the second-largest local supplier of power batteries after CATL. As costs rise, the company is said to be raising the price of its batteries. BYD will...
Details in Photo! What do you think? Like, Follow, Agree, Disagree! After a nice streak to the upside. Seems we are experiencing a small pullback. Check photo for more insight! Support a new investor!
Can Trade under: BYDDY - Foreign OTC (Expect ADR Fees) BYDDF- Domestic OTC (Don't take this as law) Mission: Technological innovation for a better life During the daytime, solar farms capture the power of sunshine; at night, energy storage systems deliver power to families. Electric vehicles on the streets and SkyRail systems along green belts connect the city...
While other companies rolling trucks of the cliff and hoping for silly contracts , this company is expanding worldwide , selling cars, buses , forklifts. Long term add. Price at add $40
BYDDY BYDDY Continues to be overlooked in the United States. I originally provided information about BYD June 29th when the price was approx $15. Still a solid time to enter even now, Just need to find the entry point/ It usually follows the 50EMA, seems kind of over-extended right now, it should drop back to $38-$39. Accounted for over 15% of all BEV's IN...