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+10
Home-market ASP war: Is BYD banking on exports to save the day?
BYD has again raised its export target, lifting it from 1.5mn units set at the start of the year to 1.7–1.8mn. It could even push toward 1.9mn.
+10
BYDFinancial Analysis
BYD
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+13
BYD: Overseas Boom Won't Plug Home-Market Hole
BYD delivered a better-than-feared set of results. Expectations were low, and the outcome was solid.
+13
BYDFinancial Analysis
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BYD (4Q25 Trans): 2026 overseas sales target 1.5mn+ units
The company targets a 50/50 split between overseas and domestic markets. This is the share mix it aims to achieve.
BYDConference Minutes
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BYD: Crown Lost; A 'Toyota' Abroad Next?
$BYD COMPANY(01211.HK) released its 2025 Q4 results after the HK close on the evening of Mar. 27 (Beijing time). Key points:
1) Revenue beat but driven by BYD Electronics; auto sales revenue in line: In Q4, total revenue was RMB 237.7bn, slightly above the RMB 236.7bn consensus, mainly on strong QoQ growth in non-core businesses, notably BYD Electronics.Auto sales revenue was RMB 181.5bn, in line with expectations, but vehicle ASP continued to trend down.2) Vehicle ASP still on a downward path: Vehicle ASP remains on a downward trajectory.In Q4...
BYDFinancial Analysis
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BYD: 'Disruptive' launch—can it reclaim the auto-universe crown?---
2nd-gen Blade Battery & fast charging: disruptive enough?
BYD
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New subsidy plan is out — are NEVs saved in 2026?
Does the auto trade-in program align with market expectations? Does it meet what the market had anticipated?
BYD
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BYD: The King of Competition Under Siege, Has the Former 'Butcher's Knife' Become a Double-Edged Sword?
The gross profit margin from car sales has declined significantly!
BYDFinancial Analysis
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+6
Chinese Automakers Pledge 60-Day Payment Terms: A Make-or-Break Test for Cash Flow?
Regarding the next Evergrande issue in the automotive sector, Dolphin Research provides a detailed analysis of the accounts payable issues in the automotive supply chain through the article "BYD: Will...
BYDGeelyNIO
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+19
BYD: Will it become the next Evergrande?
Recently, the automotive industry has been in an uproar: Great Wall Motors' Chairman Wei Jianjun's statement "the Evergrande of the automotive industry already exists, it just hasn't exploded yet" instantly ignited public opinion. Although no names were mentioned, all eyes are on BYD, which has liabilities of 594.3 billion yuan. At the same time, BYD launched the largest price cut in history during the "618" shopping festival, with 22 models seeing discounts of up to 53,000 yuan, directly causing a major dip in the new energy vehicle sector. This move has made investors restless: on one hand, there's the overwhelming "Evergrande theory," and on the other, a fierce price war...
BYD