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BYD Company Limited (BYDDF)

Other OTC - Other OTC Delayed Price. Currency in USD
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38.58+0.44 (+1.17%)
At close: 3:58PM EST
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  • s
    sunsrise08
    BYD will have a 500 billion market cap in how many years- 3, 5, 10, or never? I say just over 3.
  • A
    Alexander
    Chinese car maker BYD unveils a branded smartwatch that can be used to unlock its cars.
    According to news emanating from China, the automobile giant will soon launch its own smartwatch. The watch will arrive with features such as smart ignition, comfortable entry, smart locking, raising and lowering windows, and opening the tailgate. The watch could effectively replace the car key and that is a good thing considering that it is always worn on the wrist and the risk of misplacing the key is eliminated.
    Bullish
  • P
    Paul G
    The event of the month is the 8th place of the BYD Tang, up from #68 during its inaugural month in September. Chinese EV makers are using EV-obsessed Norway as a springboard to a wider European launch and so far it’s worked well. We have three additional Chinese entrants this month: the MG Marvel R (#58), Hongqi E-HS9 (#136) and Xpeng P7 (#166).
  • J
    James
    At my extended family’s Thanksgiving gathering yesterday an In-law who worked for GM for 40 years (sales) had this to say about Chinese EV makers : they’re owned by the government, their products are cheap and unreliable, the GMs and Fords of the world are not in danger of any meaningful competition from Chinese EVS, he’d heard of BYD but only very superficially and had zero awareness of battery technology. The ignorance, arrogance, and bias were blinding and dumb-founding, and I think he’s utterly representative.

    The Chinese EV invasion of the 2020s is going to make the Japanese near-complete takeover of the U.S auto market in the 1970s look like a cakewalk! The legacy automakers have been caught flat-footed by hustling Chinese EV makers with better ideas and a strategic vision that is in perfect sync with an inescapable reality American automakers either do not see or can’t right the ship fast enough to steer toward themselves.

    Mr. Toyoda has been absolutely right: the outright demolition of the legacy automakers, mired as they are in a disappearing market for cars with tail-pipes, is right around the corner. ICE car sales are plummeting. EV sales are sky-rocketing. The alarm bells are sounding, and would be deafening if a lazy public was not already deaf! You can just about already hear the clamouring calls for protection against imports of lower-priced, more popular battery-powered cars from China. Gives me no pleasure to be convinced of this. Though making money is pleasurable too, and my bets are in.
  • T
    Tom
    Warren Buffett-backed Chinese automaker BYD Co (OTC: BYDDY) has raced past Tesla Inc (NASDAQ: TSLA) and Nio Inc (NYSE: NIO) as the favorite electric car brand among Chinese buyers, CNBC reported on Tuesday, citing a survey by brokerage Bernstein.

    What Happened: BYD bagged the No. 1 spot as the favorite electric vehicle brand among Chinese buyers in the third quarter in a survey conducted by Bernstein. Elon Musk-led Tesla emerged as the second favorite followed by German automaker Volkswagen Group (OTC: VWAGY) at the third spot.

    The research firm surveyed 1,600 respondents in China’s large cities, earning an average monthly income of about RMB 19,000 ($2,969) and 32 years of age.

    Intent to buy an electric car from a Chinese start-up like Nio or Xpeng doubled this year to about 9.5% of those surveyed, up from around 5% for the last few years.
  • T
    Tom
    Just heard Stella Lee ( president of BYD Motors) on an investment forum say that they plan on building a large battery facility in the US within a couple years to supply batteries to one or a few of their customers!!! Don't ask for a link because I don't have one.
  • S
    Sally
    BYD is way ahead of all car manufacturers but Tesla. But Tesla makes cars that are much more expensive. Most people can't afford them but they can afford BYD cars.
  • P
    Paul G
    https://www.youtube.com/watch?v=ONkRsSM7P04

    I read a report that BYD have 10 new models coming between now and 2023.

    This looks like BYD styling, shows
    how far they have come. Based on the Tang.
    Best EV 2022 BYD DENZA X FULL REVIEW !!! WHY IS IT BETTER THAN MERCEDES EQC EQS and EQE 2022
    www.youtube.com
  • T
    Tom
    Bad news good news
    Bad news, I BYD auto exploded while charging in a underground parking garage no one was hurt.
    Good news it was not a LFP battery, it was a NCM lithium ion battery. It might hurt a little but thankfully they have switched over to all LFP.
  • K
    Kenneth
    Perhaps Buffet is encouraging Byd and Apple to collaborate on the Apple car ( largest shareholder of each ) !
  • T
    Tom
    They also plan on adding 1000 union jobs for increased sales of school buses, buses and trucks. They hope to win Sky Rail in California but there is political pressure against that.
  • t
    tom
    Gentlemen: I just saw an article saying BYD is NOW the 3rd most valuable automaker in the world behind Tesla and Toyota. sorry I can’t provide a link yahoo won’t let me but go to Bing and type in news on BYD.. comments please ? 😊🇺🇸
  • J
    James
    Article Thesis
    BYD Company Limited (OTCPK:BYDDY) (OTCPK:BYDDF) is a diversified electric vehicles and transportation company that is growing quickly and that trades at a pretty inexpensive valuation. The company is very underfollowed, partially due to the not-very-flashy management team. BYD Company, endorsed by Buffett's Berkshire Hathaway (BRK.A) (BRK.B), seems like one of the best EV picks investors can buy today.
    Flashy Valuations In A Flashy Industry
    In 2020, on the back of strong market growth and political and regulatory tailwinds, the electric vehicle industry started to garner massive attention, which has resulted in exploding share prices for many of the most-watched players, Tesla (TSLA) being a prime example. The company is valued at more than $1 trillion today, despite selling just around 1% of all automobiles in the world. Other EV pureplays have also benefited from massive hype, such as Rivian Automotive (RIVN) and Lucid (LCID), which are valued at around $100 billion and $80 billion, respectively, despite having produced just a couple dozen of cars in their entire company history -- this is, for reference, a market capitalization in the ballpark of Ford (F) or Daimler (OTCPK:DMLRY), which sell millions of cars a year.
    Due to their better growth outlook, EV pureplays naturally deserve a premium relative to how legacy automobile manufacturers are valued today. But at current prices, this seems overdone, and it seems doubtful whether a company like Rivian does deserve to trade at a similar market cap as established peers that have proven they are able to scale operations and that generate billions in net profits.
    Not all companies in this space are trading at the extremely high valuations seen in RIVN, LCID, TSLA, however, as the market is somehow not hyped about all EV companies to the same degree. One company that does barely get any hype and that could be one of the best picks in this space is BYD Company.
    BYD Is The Anti-Tesla
    BYD Company is a diversified EV/electrification player that is, in many ways, very different from Tesla. Tesla started out as an EV manufacturer and seeks to diversify into other segments, while BYD did take the opposite route -- originally a battery manufacturer that supplied its products to a range of industries, such as mobile phones. With its huge expertise in battery development and production, BYD decided to move into the developing EV space. It entered the electrified transportation space in many different market segments, including personal automobiles, buses, trucks, and even monorails. Like Tesla, it also offers solar panels and large-scale battery projects for energy storage, but unlike Tesla, it did enter these markets before becoming a major EV player. BYD thus already is, and has been for many years, what Tesla seeks to become -- a diversified technology company that is active across many different markets. Tesla, on the other hand, is still generating around 90% of revenue from its car business and has thus not (yet) become as diversified as BYD Company.
    BYD and Tesla also differ a lot when it comes to their EV approach. While Tesla seeks to differentiate itself a lot from competitors, and sometimes decides to do things in very different ways than most of its peers -- e.g. with its purely vision-based AV approach, while most others prefer to use LIDAR -- BYD is not as focused on doing things its own way. Instead, due to the fact that BYD Company is a supplier of batteries to other auto manufacturers, it does not really have to try to differentiate itself from peers too much, as it sees its addressable market in the battery space grow, no matter what EV player ultimately comes out on top. This is, I believe, a good thing about BYD, as the company is, like other battery manufacturers (and mining companies), poised to experience massive business growth in the coming years and decades as EVs take market share in the overall automobile market. It will, at least for BYD's battery segment, not matter too much whether Tesla, Volkswagen (OTCPK:VWAGY), or General Motors (GM) will have the highest market share in the future, as battery sales will rise massively, no matter what.
    BYD also differs quite a lot from Tesla in other ways. Its communication to markets is very reluctant and muted, for example, while Tesla, on the other hand, is generally communicating quite aggressively. This is primarily due to the company's CEO, Elon Musk, being very vocal on Twitter (TWTR), and making huge promises from time to time, with reality sometimes proving him wrong (e.g. robo taxis, coast-to-coast autonomous driving, etc.). Due to this relatively aggressive, showy communication approach, Tesla is very well-known among both potential customers and potential shareholders. BYD, on the other hand, is way less known, at least in the US, despite the fact that it sells comparable numbers of EVs. Its management team, led by CEO Wang Cuanfu, does not seek the spotlight and is way more r
  • t
    tom
    Guys tell me this.. how is it Rivian with $0 in revenue is now the 3rd largest EV auto maker ? meanwhile our BYD is a giant in the making and our SP is nowhere close to them.. this is wrong IMHO .. comments welcome
  • P
    Paul G
    BYD Chairman says 200,000 units of DM-i models on order, expects China's NEV penetration to exceed 35% by end of next year....current wait time for DMi 4 months!!!
  • D
    Dave Z
  • P
    Paul G
    HSBC Global Research trimmed its 2021-23E GPM on BYD given high battery material costs, although it foresaw the battery material prices to adjust from 2022E onwards. The broker expected BYD's GPM to improve over time. Hence, it lowered the 2021E earning forecast by 8%, while lifting those in 2022E/ 23E by 11%/ 15%. The target price of BYD was added to $455 from $382 with rating kept Buy.
  • D
    David
    interesting its price reached higher than HK's
  • P
    Paul G
    I have wanted to post this for a looong time. BYD does not stand for Build Your Dreams (although it does today) it was just luck!!!

    I remember this from when I first invested but couldn't find a link.

    It means nothing but...

    "The Conventional wisdom is that Chinese battery and electric vehicle maker BYD Co.’s name is an acronym for “Build Your Dreams.”It certainly has come to stand for that, but the aspirational phrase wasn’t part of the original name, said Andy Swanton, head of sales for BYD’s U.S.-based electric truck.

    When chemist Wang Chuanfu lost his job as a government researcher and co-founded the company as a battery maker in 1995, he called it Bi Yada, a pair of unrelated words that, Swanton said, “sounded good together” and have connotations of good fortune.

    Bi Yadi quickly became “BYD,” and the letters ultimately were adopted as the formal corporate name.

    “Build Your Dreams,” was added as a marketing slogan when the company began operating in English-speaking markets. And while widely used in BYD advertising and corporate brochures, it is not the company’s name, Swanton said"

    It defo is today!!!
  • A
    Alexander
    Xiaomi Mi MIX 4 BYD Official Edition: the smartphone for fans of the Chinese car manufacturer

    This morning a new version of the Xiaomi Mi MIX 4 appeared on the BYD Auto store in China. For those unfamiliar with it, BYD is a Shenzhen-based Chinese manufacturing company that has two major subsidiaries, BYD Automobile and BYD Electronic. The Xiaomi Mi MIX 4 BYD Edition will be priced at 5799 yuan and is limited to 500 units
    Bullish
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