|Day's Range||44.20 - 45.30|
|52 Week Range||40.05 - 57.25|
|PE Ratio (TTM)||21.40|
|Dividend & Yield||0.05 (0.95%)|
|1y Target Est||53.07|
More electric cars are sold in China than in the rest of the world combined, but are mainly locally-branded models that are cheaper and have a shorter range than those offered by foreign automakers such as Tesla and Nissan. The Chinese-branded electric vehicle (EV) market is propped up by huge government subsidies as part of Beijing's policy to build global leadership in cleaner energy driving.
Renewable energy technology company BYD has been officially selected as the recommended company by the evaluation committee in Argentina for the purchase of 50 electric buses on behalf of the Ministry of Environment.
China's leading electric vehicle maker, BYD, has been quietly selling premium electric buses in the U.S. for several years. With DiCaprio signed on as its global brand ambassador, it appears to be preparing to enter the U.S. car market as well.