BYD COMPANY LIMITED
SSE or SZSE Delayed Price. Currency in CNY
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|Company Name||BYD COMPANY LIMITED|
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- Mar 28 , 2018
BYD Shares Drop After China’s Leading Electric Carmaker Issues Profit WarningBYD Netted USD632 Million Last Year; Its Profitability Continues to Slide. BYD Co.’s gross turnover was CNY106 billion (USD632 million) last year, the annual report it issued yesterday shows, in a slowdown of 2.4%. Its net profit fell by 19.5% to CNY4 billion and will further drop 75%-92%, mainly because of declining new energy vehicle subsidies, the report also estimates.
- Jan 30 , 2018
BYD’s NEV Sales Score First in the World for Three Straight YearsBYD Co. [SHE:002594] sold 113,669 new energy passenger cars last year in a rise of 13 annual percentage points to rank it first in the world for three consecutive years and in China for four years.
- Dec 11 , 2017
Following in Tread Marks of Changan Auto, BAIC Says It Will End Infernal Combustion by 2025China’s state-owned automobile group Beijing Automotive Group Co. (BAIC Group) will stop production and sales of traditional fossil-fueled passenger cars by 2025, announced Xu Heyi, its chairman.
- Dec 11 , 2017
BYD Will Build Plant in North Morocco Near Growing Port AreaBYD Company Limited, The Kingdom of Morocco, Set Up A Manufactory
- Nov 21 , 2017
South Korea's Battery Industry Raises Alarm Over Brain Drain to ChinaThe Chinese battery manufacturers are promising three to four times more pay for skilled engineers and research personnel from South Korea’s battery industry, with those with 10 years of experience being promised an annual salary of KRW400 million (USD364,000) to KRW500 million. South Korea's battery industry is, therefore, raising alarm over a brain drain, Yonhap News Agency reported on Nov. 19.
- Nov 13 , 2017
Battery Maker Contemporary Amperex Technology Expects to Raise USD1.97 Billion in Its IPOBattery maker Contemporary Amperex Technology Co.’s prospectus for an initial public offering on the Growth Enterprise Market outlines plans for the firm to issue at most 217,243,733 shares, accounting for more than 10 percent of its share capital upon issuance.
- Nov 1 , 2017
BYD Plans to Pump USD34.39 Million Into Tie-Up With FaureciaLeading Chinese new energy vehicle maker BYD Co. [SHE:002594] said yesterday that it plans to invest USD34.39 million (CNY228 million) to set up a joint venture with the investment arm of French auto parts giant Faurecia SA [EPA:EO] in China.
- Oct 9 , 2017
BYD Unveils North America’s Largest Electric Bus Factory With Bipartisan Support of US OfficialsBYD Co, the world’s largest manufacturer of electric vehicles, today unveiled its expanded battery-electric bus manufacturing facility, North America’s largest—with bipartisan support from elected officials
- Oct 9 , 2017
BYD Builds North America’s Largest Electric Bus Factory in USChinese auto maker BYD Co. [SHE: 002594] held the completion ceremony for its factory expansion project in Lancaster, California, US on Oct. 6.
- Sep 30 , 2017
BYD Sets Up CNY4.65 Billion Investment Fund to Spur New-Energy Light Rail ConstructionChinese automaker BYD Co. [SHE:002594] will establish an investment fund in partnership with a trust firm to finance straddle-beam monorail (SBM) railways -- ‘cloud rail’ -- projects in several Chinese cities.
- Sep 28 , 2017
Profits in China’s NEV Sector Slump as Government Lowers SubsidiesChina’s government and companies are in agreement that traditionally fueled cars should be replaced with new-energy vehicles, but the industry is still in a fledgling state and needs subsidies to develop, according to insiders.
- Sep 21 , 2017
BYD Will Team Up With Daimler to Roll Out New ProductsChinese new-energy vehicle manufacturer BYD Co. [SHE:002594] will team up with Germany-based multinational carmaker Daimler AG [FWB:DAI] to introduce new products, BYD Chairman Wang Chuanfu said.
- Sep 12 , 2017
BYD Wins Bid to Provide NextEra With Solar Modules in Order Worth Millions of DollarsBYD Co. [SHE: 002594] said at the Solar Power International trade show yesterday that it received a solar module order worth millions of dollars.
- Sep 4 , 2017
BYD Wins Bid to Supply 432 New Energy Buses to Shenzhen WesternbusBYD Co. [SHE:002594], China’s largest electric car producer, has won the bid to supply 432 new energy vehicles (NEVs) worth USD85.6 million (CNY560.7 million) to Shenzhen Westernbus Co.
- Aug 23 , 2017
Electric Buses Are a Top Priority for BYD’s NEV Business, Its Founder SaysChinese electric vehicle manufacturers have ramped up business development, and some of them are catching up with industry leader BYD Co. [SHE:002594] in terms of scale. BYD will focus on electric buses and mini scooters going forward, Wang Chuanfu, the firm’s founder, chairman and president, said today. The company’s electric bus business will be a top priority that will drive urban charging infrastructure development.