BYDDY News and Press, BYD Co Ltd ADR From 05/21/23

2023-05-21 04:27:27 ET Summary Geely Automobile Holdings April 2023 sales show a dramatic switch from hybrid (HEV and PHEV) to BEV in its electrified offerings. Curiously, Geely Auto is just getting started with Galaxy, a high-end electrified brand with its first release a PHEV; i...

2023-05-19 14:38:34 ET Summary Earlier this month, I published an article to address the concerns Charles Munger voiced about Tesla, Inc. The article triggered heated debate, and the goal of this article is to collectively address a key theme: The margin pressure that BYD can put ...

2023-05-19 13:38:23 ET Summary Lucid dip buyers returned to defend the slide in its stock, even though the company posted a weak Q1 and issued disappointing guidance. Therefore, sellers have been unable to force a steeper decline in LCID. However, investors must be careful when co...

2023-05-19 11:03:31 ET Summary We suggest data points to an impending macroeconomic storm, as interest rates on auto loans are soaring and banks severely tighten credit. Based on inventory and used car sales prices, we believe Tesla's gross margins could fall even lower in the sec...

2023-05-19 10:42:53 ET Summary Tesla Master Plan 3 is one of the most important reports of our time. It outlines a pathway to achieve a 100% global clean energy transition. This requires 30TW of renewable energy & 240 TWh of energy storage; including 112 TWh for electric trans...

2023-05-19 06:24:00 ET It's no surprise that electric vehicles (EVs) are rapidly replacing conventional internal combustion engine vehicles, with governments across the world prioritizing the reduction of emissions to control global warming. The U.S. government is aiming for EVs to account ...

2023-05-17 11:17:57 ET BYD Company ( OTCPK:BYDDY ) is driving its autonomous driving efforts forward aggressively, according to a new report on Wednesday. Company president Stella Li told investors that the company has hired thousands of software engineers at a recent c...

2023-05-16 04:35:04 ET Summary Berkshire Hathaway's 13F stock portfolio value increased from ~$299B to ~$325B. Their largest three holdings are at ~63% of the entire portfolio. Berkshire Hathaway added Capital One Financial while dropping Bank of New York Mellon, RH Inc., Taiw...

2023-05-15 08:00:00 ET Summary China is the most important car market, about as big as the US and Europe combined. It is an essential market for several brands. EVs have a 25% market share of new Chinese sales, and, except Tesla, Western manufacturers play almost no role here. ...

2023-05-15 00:04:18 ET Summary BYD is one of the world’s biggest global battery suppliers. Only Tesla sold more BEVs than BYD in 2022. BYD and Tesla are showing that being vertically integrated can be advantageous when it comes to manufacturing BEVs. Introduct...