|Day's Range||49.200 - 50.700|
|52 Week Range||40.050 - 57.250|
|PE Ratio (TTM)||23.67|
|Dividend & Yield||0.05 (0.82%)|
|1y Target Est||N/A|
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.
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.