Here's What Could Help Byd Co. (BYDDY) Maintain Its Recent Price Strength
BYD: There are no plans to make motorcycles. The design and styling in question are designed by BYD Electronic as an OEM customer.
On September 12th, Li Yunfei, General Manager of the Brand and Public Relations Department of BYD Group, posted on Weibo saying that the design of the electric motorcycles in question was created by BYD Electronic, a subsidiary of BYD, for its contract manufacturer at the end of last year. He reiterated that BYD is now and will continue to focus on its main business and has no plans to make motorcycles.
Express News | The Minister of the Ministry of Commerce will visit Europe to negotiate with the European Union on the anti-subsidy case of electric vehicles in Europe.
Cui Dongshu: The national new energy passenger vehicle retail in August was 1.03 million, with a retail penetration rate of 54%.
Cui Dongshu wrote that after the decline in market share of traditional fuel vehicles due to the impact of new energy vehicles, the seasonal rhythm of the new energy vehicle market has weakened, and the characteristics of the 'non-peak season' are becoming more and more evident.
BYD Company Limited Global Research and Development Center released its plan, with a total investment of 20 billion yuan.
On September 12th, Guolonghui reported that the Shenzhen Planning and Natural Resources Bureau recently announced the planning permit and overall master plan for BYD's global R&D center project located in Baolong Street, Longgang District. The project covers a total land area of approximately 0.65 million square meters and is expected to have a total investment of 20 billion yuan. It will have a construction area of over 3.3 million square meters.
Express News | Byd company limited executives and others invested 35 million to increase their shareholding