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BYD Company Limited (1211.HK)
| Previous close | 203.800 |
| Open | 206.200 |
| Bid | 213.000 x 0 |
| Ask | 213.000 x 0 |
| Day's range | 206.000 - 215.600 |
| 52-week range | 167.800 - 280.600 |
| Volume | |
| Avg. volume | 8,459,198 |
| Market cap | 661.136B |
| Beta (5Y monthly) | 0.53 |
| PE ratio (TTM) | 19.09 |
| EPS (TTM) | 11.150 |
| Earnings date | N/A |
| Forward dividend & yield | 1.26 (0.62%) |
| Ex-dividend date | 13 Jun 2023 |
| 1y target est | 305.73 |
- Yahoo Finance Video
China's EV price wars continue in world's largest EV market
Things are spicing up in Tesla's (TSLA) latest EV pricing bout with Chinese competitors in China's auto market, this time with Li Auto (LI) as both companies slash prices on electric vehicle models. Yahoo Finance's Akiko Fujita explains the multi-year timeline of EV price cuts from Chinese auto manufacturers — some noted to be more affordable on average than US counterparts — as China accelerates faster into electrification trends. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Luke Carberry Mogan.
ReutersExclusive-Mexico, facing US pressure, will halt incentives to Chinese EV makers
Mexico's federal government, under pressure from the U.S., is keeping Chinese automakers at arm's length by refusing to offer such incentives as low-cost public land or tax cuts for investment in EV production, three Mexican officials familiar with the matter said. The last meeting between top Mexican officials and a Chinese automaker was in January, the sources said, with executives of BYD Co - one of the world's largest electric vehicle makers by sales. At the meeting, Mexican officials made clear they would not give incentives like those awarded to automakers in the past and that officials would be putting on pause any future meetings with Chinese automakers, said the sources, who asked not to be identified.
BenzingaVolkswagen To Gain A Competitive EV Advantage With A New Architecture It Developed With XPeng
On Wednesday, Volkswagen AG (OTC: VWAGY) revealed that together with its Chinese EV partner, XPeng Inc (NYSE: XPEV), they have developed a new architecture for EVs. The EV pioneer Tesla Inc (NASDAQ: TSLA) has been leading the market when it comes to architecture that reduces the wiring and components in an electric vehicle to lower the cost of its manufacturing, but with the help of XPeng, Volkswagen will finally be able to compete with Tesla on the cost efficiency front. The new architecture wi
