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BYD Company Limited (0HKY.L)

LSE - LSE Delayed price. Currency in USD
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50.86-0.68 (-1.32%)
At close: 05:45PM GMT
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    Even The Chinese EV Powerhouse BYD Had To Slow Down A Bit

    On Tuesday, BYD Company Limited (OTC: BYDDY) reported its fourth quarter results that included its slowest quarterly profit growth in two years. Even the Tesla Inc (NASDAQ: TSLA) rival who grew from being a battery maker to an EV juggernaut who dethroned Tesla during the last three months of 2023 as the top EV maker, is feeling the blow from the lost momentum of EV sales and a brutal price war. But, BYD is aggressively pushing forward as it unveiled its latest addition to the Dynasty series, a s