- EV stocks have come under pressure in recent weeks, due to worries about Fed rate hikes, and due to supply chain and commodity price worries.
- BYD has performed extraordinarily well in 2021 and during the first two months of the year, showcasing growth of more than 200% year over year.
- With strong growth and a diversified business across passenger EVs, commercial EVs, and battery manufacturing, BYD seems to be well-positioned for the future.
- BYD trades at a surprisingly low valuation, both in absolute terms and compared to its peers from the EV industry.
For further details see:
BYD: China's (And Buffett's) Anti-Tesla Is Becoming Cheap