BYDDY News and Press, BYD Co Ltd ADR From 06/13/23

2023-06-13 10:47:54 ET Summary Toyota keeps BEV developments at arms length from Toyota brand through planned complex Japanese partnership in trucking (with Daimler Trucking) and “last mile” commercial vehicles (with Suzuki and Daihatsu). US Toyota bZ4X owners get fr...

2023-06-12 13:00:53 ET Summary indie Semiconductor, Inc. announced a significant ADAS design win at General Motors in partnership with Sharp Japan, and that it secured initial Vision sockets at Panasonic in support of Honda. The company improved its competitive position as the tec...

2023-06-10 23:15:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-06-08 16:45:58 ET Summary Sales have significantly increased since 2020. The company benefits from increased market share for EVs. The company is cheaply valued and has tremendous opportunities for international expansion. They have rising revenues, improving margins, and...

2023-06-08 14:38:08 ET Summary Q1 2023 global plugin electric car sales were up ~25% YoY, well below the 2022 growth rate of 55%. This is seasonal and due to a slowdown in China sales. Key May 2023 trends include - China EV sales slowdown to start to recover. Cheaper small electri...

2023-06-07 11:42:28 ET Summary Despite starting off on a stronger foot, NIO's growth has been decelerating while rival Li Auto's deliveries continue to defy a slow-growing Chinese economy with profitability cushioning investor confidence. This has led to a widening divergence in b...

2023-06-06 14:35:31 ET Ford Motor Company ( NYSE: F ) is nearing a deal to sell a plant in Germany, with Chinese manufacturers as lead bidders. According to Bloomberg , BYD Company ( OTCPK:BYDDY ) and a consortium of smaller Chinese automakers are vying for the f...

2023-06-06 10:26:25 ET Summary Global electric car sales April 2023 were up 70% YoY to 14% share. China sales up 93% YoY to 35% share. Europe up 25% YoY to 21% share. EV market news - China’s new emission rules pressure car dealers to clear stocks before July 1, 2023. Tesla...

2023-06-06 09:56:31 ET Summary BYD continues to engage in a fierce price war with its Chinese EV peers. Early signs indicate BYD is winning, with volumes again up significantly in May. Having lagged the broader EV rally, valuations screen very reasonably here. BYD Co...

2023-06-03 10:00:00 ET Summary Nvidia Corporation has ripped and charted new heights way above the previous November 2021 top, thanks to the Q1 FY2024 double beats and management's stellar forward guidance. The demand for AI chips appears to be at a fever pitch, boosting Nvidia Co...