By Karmactive Staff
The first-ever 526,000 BYD BEV sales in Q4 2023 signaled a dramatic change in the dynamics of the EV market.
By Karmactive Staff
Photo Source: BYD
Strong sales in China and abroad were the driving force behind BYD's achievement of this milestone.
By Karmactive Staff
Photo Source: BYD
Despite producing 484,000 vehicles in the same quarter, Tesla was unable to match BYD's unprecedented output.
By Karmactive Staff
Photo Source: BYD
The secret to BYD's success is its complete control over the supply chain for EV manufacture.
By Karmactive Staff
Photo Source: BYD
In terms of finances, BYD had a 68% YoY increase in revenue to $78 billion.
By Karmactive Staff
Photo Source: BYD
One significant factor in the EV price war is thought to be BYD's vertical value chain integration.
By Karmactive Staff
Photo Source: BYD
Analysts are still positive about BYD and anticipate more expansion in 2024.
By Karmactive Staff
Photo Source: BYD
BYD is expected to see potential margin expansion as a result of declining battery input costs.
By Karmactive Staff
Photo Source: BYD
Based on a residual earnings model, the stock price of BYD indicates a about 70% upside.
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