GJ-BYD @EP2603A

Jefferies Expects BYD to Hold Tech Day in Late February or Early March

BYD launches the new Yuan PLUS overseas, upgrading to the 800V platform

60% of A/H-listed Car Companies Achieved Year-on-Year Sales Growth in January

BYD's share of China's power battery market was 17.43% in January

BYD Enters into Deep Strategic Cooperation with Manchester City Football Club

BYD Invests 100 Million Yuan in Boonray Technology to Support L4 Autonomous Mining Truck R&D

BYD becomes the official automotive partner of Manchester City Football Club

BYD ranked first in Australian electric vehicle sales in January 2026

BYD Supplier Tongling Technology's IPO Subscription Opens Today on the Beijing Stock Exchange

BYD Discloses Sulfide-Based Solid-State Batteries May Achieve Small-Batch Production in 2027

BYD obtains multiple technology patents related to thermal management and battery protection

BYD announces the launch of multiple new models, including the Song Ultra, after the Spring Festival

BYD obtains a patent for an electrolyte leakage detection system

BYD joins hands with Mansour Group to officially enter the Egyptian market

BYD's Hong Kong stock price rises, driven by multiple positive factors.

Geely's Sales Surpass BYD's as Auto Market Shifts in January 2026

Jefferies Upgrades BYD Stock Rating to Hold

China's Auto Industry Develops Towards New, Green, and Smart Directions

Citigroup maintains 'Buy' rating on BYD with a target price of HK$174

BYD's global sales surpassed Ford for the first time last year, rising to sixth in the world

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Tesla's market value is approximately 14 times higher than that of BYD, which has recently taken over as the leading electric vehicle company globally. The difference in valuations can be attributed to distinct growth strategies, as noted in a report by HSBC. The comparison between Tesla and BYD's valuations illustrates the varying approaches and areas of focus each company has in the electric vehicle industry.

Unusual Whales

Hua Xia CSI New Energy Vehicles ETF

T-Rex 2X Long Tesla Daily Target ETF

Tesla

BYD Company

BYD Company Limited

GraniteShares 1.25 Long TSLA Daily ETF

GraniteShares 2x Long TSLA Daily ETF

Simplify Volt TSLA Revolution ETF

BYD COMPANY

Leverage Shares 2X Long TSLA Daily ETF

Direxion Daily TSLA Bull 2X Shares

Tesla's valuation is 14 times that of BYD's, recently surpassing it as top EV company; HSBC notes differing growth paths.

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Ford anticipates over $7 billion in EV-related charges in 2026 and 2027 due to a strategy pivot, as shared by CFO Sherry House during the Q4 earnings call. The Model E division expects losses of $4 billion to $4.5 billion this year, aiming for breakeven by 2029. Despite mixed Q4 earnings, with revenue of $42.45 billion exceeding expectations, adjusted earnings fell short. Ford is also exploring partnerships with Xiaomi and BYD for battery sourcing. Shares rose 0.81% to $13.68 in pre-market trading.

- Ford Motor Co. anticipates over $7 billion in electric vehicle (EV) charges in 2026 and 2027 as it pivots its strategy.  
- The company's Model E division expects losses of $4 billion to $4.5 billion this year, targeting breakeven by 2029.  
- Ford's Q4 earnings showed a revenue of $42.45 billion but missed adjusted earnings expectations, and reports indicate ongoing talks for partnerships with Chinese companies regarding battery sourcing.

benzinga_article

FORD MOTOR CO 6.000% NOTES DUE 1/12/2059 USD25

Ford Motor

FORD MOTOR CO 6.20% NOTES DUE 01/06/2059 USD25

Forward Industries

FORD MOTOR CO 6.500% NOTES DUE 15/08/2062 USD25

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BYD ELECTRONIC

First Trust S-Network Future Vehicles & Tech ETF

Hwabao WP CSI Intelligent Electric Vehicle ETF

Ping An CSI New Energy Vehicles Industry ETF

Xiaomi Corporation

Ford Anticipates $7 Billion EV-Related Charges In Two Years — Predicts Model E Division Would Break Even In 2029

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In January 2026, CATL led China's EV battery market with a 49.79% share, installing 20.91 GWh, while BYD followed with 17.43% and 7.32 GWh. Gotion High-tech ranked third with 2.55 GWh and 6.06%. CATL's market share increased by 3.14 percentage points from December, while BYD's decreased by 0.56. In the ternary battery segment, CATL dominated with 81.70% share, while in the LFP segment, it held 40.64%.

- In January 2026, CATL led China's domestic battery market with 20.91 GWh installed, capturing a 49.79% market share, while BYD secured second place with 7.32 GWh and a 17.43% share.  
- Gotion High-tech ranked third with 2.55 GWh and a 6.06% share.  
- Overall, China's EV battery installations increased by 8.4% year-on-year to 42 GWh, with LFP batteries dominating 77.7% of total installations.

CnEVPost

CATL

ChinaAMC CSI Hong Kong Connect Automobile Industry Thematic ETF

Top battery makers' market share in China in Jan 2026: CATL 49.79%, BYD 17.43%

BYD has launched the Atto 3 Evo, an updated version of its electric SUV, addressing previous range and charging time issues. The new model features a 74.8 kWh battery, increasing the WLTP range to 510 km. It boasts a more powerful rear-mounted motor with 230 kW and 380 Nm torque, allowing acceleration from 0 to 100 kph in 5.5 seconds. Charging power has improved to 220 kW, reducing charge time from 10% to 80% to 25 minutes. The interior has been updated with new software and a streamlined gear selector. Pricing for the UK market is yet to be announced.

- BYD UK has unveiled the Atto 3 Evo, indicating potential availability in other European markets.  
- The facelift features significant upgrades, including a more powerful rear-mounted electric motor, a larger 74.8 kWh battery, and improved charging capabilities, boosting the WLTP range to 510 kilometers.  
- Design changes include enhanced cargo space and subtle interior updates, while performance options now include a faster all-wheel-drive variant with 330 kW power and 470 kilometers range.

electrive

BYD unveils comprehensive update for the Atto 3

China's electric vehicle (EV) battery installations rose 8.4% year-on-year to 42 GWh in January, despite a 57.2% drop from December. Lithium iron phosphate (LFP) batteries dominated with 32.7 GWh, making up 77.7% of total installations. Ternary lithium batteries accounted for 9.4 GWh, or 22.3% of the total. Power battery exports also increased by 59.3% year-on-year to 17.7 GWh. Overall, China's battery production reached 168 GWh, a 55.9% increase from the previous year, although it decreased by 16.7% from December.

- In January, China's power battery installations reached 42.0 GWh, a year-on-year increase of 8.4%, with LFP batteries dominating at 32.7 GWh.  
- Despite this growth, there was a significant decline of 57.2% compared to December, influenced by a 55.9% year-on-year rise in total battery production to 168.0 GWh.  
- Power battery exports totaled 17.7 GWh, a 59.3% year-on-year increase, while energy storage battery exports stood at 6.4 GWh, reflecting a slight year-on-year rise despite decreases from December.

GOTION

Global X Lithium & Battery Tech

Ping An CSI Auto Components Thematic ETF

GX CN EV BATT

E Fund CSI Auto Components Thematic ETF

Guotai CSI 800 Automobile and Parts ETF

Global X Autonomous & Electric V

GX CN EV BATT-U

HFT CSI Auto Components Thematic ETF

ChinaAMC CSI Auto Components Thematic ETF

China EV battery installations rise 8.4% year-on-year to 42 GWh in Jan

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The Hang Seng Index has risen for three consecutive days, closing today at 27,266 points, an increase of 0.3%. The net inflow from the northbound trading was HKD 4.816 billion, with the total market turnover reaching HKD 217.218 billion. The US Dollar Index has declined, with increasing market expectations for a rate cut in the United States. The performance of tech stocks was mixed, with Xiaomi's stock price rising nearly 4.3%, while Tencent and Alibaba saw slight declines. The quarterly review results released by MSCI showed that SenseTime and Pony.ai's stock prices rose by 2.9% and 2.6%, respectively

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The Hang Seng Index rises for three consecutive days, with net inflow from northbound capital exceeding 4.8 billion; Xiaomi and BYD rise

In January, China's domestic NEV sales fell 18.9% year-on-year to 643,000 units, while NEV exports doubled to a record 302,000 units. Total vehicle wholesale sales decreased by 3.2% year-on-year to 2.346 million units. The NEV penetration rate rose to 40.3%, up from 39.0% last year but down from 52.3% in December. The decline in domestic sales is attributed to seasonal patterns and new tax regulations. BYD sold 210,051 NEVs, down 30.11% year-on-year, but its exports increased by 51.47%.

- China's domestic NEV sales fell 18.9% year-on-year in January, totaling 643,000 units, while NEV exports reached a record 302,000 units, doubling from the previous year.  
- Total vehicle wholesale sales also decreased to 2.346 million units, down 3.2% year-on-year, attributed to a seasonal slowdown and changes in tax exemptions for buyers.  
- Despite the domestic decline, NEV penetration increased to 40.3%, higher than the previous year, indicating continuing growth in electric vehicle adoption.

China Jan NEV sales stay flat year-on-year as exports remain strong

The research report from Jefferies indicates that BYD's stock price has corrected by 40%, and negative factors have been reflected in the stock price. Future positive catalysts include the upcoming Technology Day and the launch of new models. Jefferies has upgraded BYD's A-share rating to "Hold" and maintained the H-share rating at "Hold," with the A-share target price lowered to 88 yuan and the Hong Kong stock target price raised to 105 yuan. It is expected that BYD will launch new models after the Lunar New Year, with overseas sales reaching 1.5 million units and an anticipated increase in market share. Despite a downward revision in profit forecasts, Jefferies remains optimistic about BYD's market recovery potential

Credit Suisse expects positive catalysts for BYD in the future, raising the target price to 105 yuan

The Hong Kong stock market rose in the morning session, with the Hang Seng Index up 116 points at 27,299 points. Xiaomi and BYD led the gains, rising 4.7% and 2.6%, respectively. SMIC's net profit last quarter increased by 60.7%, but the gross margin guidance fell short of expectations, causing the stock price to drop by 3.6%. Reading Group is expected to report a loss of 750 million RMB last year, with its stock price falling by 7.1%. The total turnover of the market in the half-day session was 118.607 billion HKD

"Hong Kong Stocks" Hang Seng Index rises 116 points in half a day, Xiaomi and BYD lead the gains, SMIC shows weakness after earnings

The three major A-share indices showed mixed performance in the morning session, with the Shanghai Composite Index slightly up by 0.2%, the Shenzhen Component Index down by 0.07%, and the ChiNext Index down by 0.9%. The central parity rate of the RMB against the US dollar was adjusted to 6.9438, reaching a nearly five-month high. The People's Bank of China conducted reverse repurchase operations, with a net injection of 403.5 billion yuan. SMIC's stock price fell by 1.3%, while BYD rose by 1.8%

ChinaAMC Guozheng Semiconductor Chip ETF

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GTJA Allianz CSI All Share Semiconductors & Semiconductor Equipment ETF

SMIC

ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF

GTJA Allianz SSE STAR Chip Design Thematic ETF

Guotai CSI All Share Integrated Circuit ETF

Guotai CES Semiconductor Chip Industry ETF

The three major A-share indices of Shanghai and Shenzhen showed mixed performance in the first half of the day, with SMIC declining after earnings and BYD favored

Citigroup gives BYD a "Buy" rating with a target price of 174 yuan. The report points out that BYD's absolute inventory in the Chinese market is expected to decline to 387,000 vehicles by the end of January 2026, but due to retail sales not meeting expectations, the inventory days will increase from 1.2 months to 3.4 months. If sales in March recover to 150,000 and 130,000 vehicles, wholesale sales are expected to reach 210,000 vehicles, with total wholesale sales in the first quarter declining by 47%. The key lies in the new products and pricing at the end of February and the beginning of March

Citigroup gives BYD a "Buy" rating with a target price of 174 yuan

The National Bureau of Statistics report shows that in January, the PPI rose by 0.4% month-on-month, marking an increase for four consecutive months, with the growth rate expanding by 0.2 percentage points compared to the previous month. Key features include: the construction of a unified national market driving price increases in certain industries, increased demand leading to price rises in related industries, and input factors affecting the divergence in price trends. Specifically, the prices of cement and lithium-ion battery manufacturing both increased by 0.1%, photovoltaic equipment prices rose by 1.9%, and computer communication equipment prices increased by 0.5%. The rise in international non-ferrous metal prices has driven up prices in related domestic industries

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CONCH CEMENT

Penghua Guozheng Non-ferrous Metal Industry ETF

Jinkosolar

Guotai CSI All Share building Materials ETF

Guotai CSI Non-Ferrous Metal Kuangye Theme ETF

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ZIJIN MINING

CHALCO

Jinko Solar

Zijin Mining

Wanjia CSI Industry Non-Ferrous Metal Theme ETF

E Fund CSI All Share Building Materials ETF

China Southern CSI SWS Non-Ferrous Metal ETF

Tongwei Co.,Ltd

JIANGXI COPPER

Fullgoal CSI All Share Building Materials ETF

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JCCL

ChinaAMC CSI Subdivision Non-ferrous Metal Sub-Industry ETF

National Bureau of Statistics: In January, the PPI rose by 0.4% month-on-month, increasing for four consecutive months, with the growth rate expanding by 0.2 percentage points compared to the previous month

The Hong Kong stock market opened higher in the morning, with the Hang Seng Index opening up 63 points at 27,246 points. The automotive stocks performed well, with BYD opening up 1.3% and Nio opening up 1.7%. After releasing its earnings, SMIC opened down 2.4%, and China Literature expected an expanded loss, opening down 4%. In the technology sector, Tencent opened down 1.5%, while Alibaba opened up 0.5%. Among financial stocks, HSBC opened down 0.4%, and Standard Chartered opened down 2.5%

Invesco Semiconductors ETF

iShares Semiconductor ETF

First Trust Nasdaq Food & Semicon

NIO-SW

VanEck Semiconductor ETF

SPDR S&P Semicon

"Hong Kong Stocks" Hang Seng Index opened high at 63 points, car stocks performed well, SMIC fell after earnings

Today’s Key News Recap

0202 | Dolphin Research Focus: 🐬 Macro/Industry 1) International precious metals have sold off sharply since the weekend, with gold and silver down materially on a hawkish Fed chair nominee, a stronger USD and higher UST yields, concentrated profit-taking, and deleveraging by levered funds. The violent swings highlight fragile risk sentiment; near term, the market likely chops in a consolidation range with elevated vol risk.2) EV startups posted their first Jan delivery prints with wide divergence in YoY growth, and Leapmotor led the pack with 32,059 units. ...

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CN Mobile HK SDR 5to1

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BYD HK SDR 10to1

BOYD Gaming

Allianzim US Large Cap Buffer10 Mar ETF

Gold and silver slump, cooling the market; BABA's Qwen adds RMB 3 bn for Lunar New Year | Daily News Recap

$BYD COMPANY(01211.HK)On January 20, 2026, Cathie Wood’s Ark Invest scooped up $10.8 million worth of Broadcom shares and also added positions in WeRide, BYD, and AMD.I am holding BYD and stay committed. How about you?

Stay sideline 

Are you bullish on BYD ?

As for BYD, it's still possible to open a position now, as the pullback has ended and a rebound trend is emerging

股市江湖故事会

$BYD COMPANY(01211.HK)In 2025, CATL and BYD were the dominant players in China’s EV battery market, capturing 43.42% and 21.58% of the market respectively. Internationally, BYD has recently overtaken Tesla as the world’s largest EV seller in terms of annual units sold. Unlike many competitors, BYD produces both vehicles and key battery components . It helps BYD to reduce costs and improve margins over time. Could BYD be a good buy now with current valuation? I DCA slowly. How about you?👊🏽

0114 | Dolphin Research Focus: 🐬 Macro/Industry 1) The China Chamber of Commerce to the EU said talks on the EU's anti-subsidy probe into Chinese EVs have made solid progress, with the EU set to replace countervailing duties with price undertakings. Eligible Chinese auto exporters can apply for assessment to obtain tariff exemptions, and the framework follows WTO rules and the non-discrimination principle, giving exporters clearer visibility for shipments to Europe. This helps defuse the China‑EU auto trade dispute, benefits major exporters such as BYD and SAIC, and supports value‑chain and supply‑chain stability.2) With CSRC approval, the Shanghai, Shenzhen and Beijing exchanges issued a notice to adjust the margin requirement for margin financing. The notice adjusts the margin requirement ratio...

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Trip.com HK SDR 50to1

US 'easing' on H200 chips hits a wall; TCOM tumbles late on antitrust probe | Daily News Recap

Tesla has recently focused onPressure zone: 465 478Support zone: 424 445These are two support and pressure points,Ultra-short term: The stock price has just ended a 7-day consecutive decline, with an intraday rebound of nearly 4%, showing strong recovery momentum after an oversold short-term condition. The current price is holding above the 50-day moving average support at $445, and short-term momentum indicators are expected to rebound from low levels. Aggressive investors can bet on a rebound to $465, the 20-day moving average, with a stop-loss set below $440. For short-term considerations, I think this is a good choice, but this is just my personal suggestion. For reference only.Although there was an intraday rebound yesterday, the medium-term trend remains unclear. The company's recently announced Q4 delivery data (418,000 units) fell short of expectations (422,000 units), and there is uncertainty around the earnings report on January 28. The stock price is currently in a volatile range, with strong technical resistance at $465-478. It is recommended to wait for earnings guidance or a decisive breakout above the $478 resistance level before adding positions. For now, holding existing positions or staying on the sidelines is advisable. Therefore, I think those planning for the long term can wait a bit. I hope everyone minimizes risks, which is very beneficial for themselves.Looking at Tesla in the long term: The long-term narrative has shifted from pure EV sales to AI and Robotaxi. Despite the core EV business facing declining sales, a year-on-year drop in 2025 deliveries, and intensified competition—along with the fundamental pressure of being overtaken by BYD—and an extremely high P/E ratio (&gt;300), the market has high expectations for the Cybercab production in April 2026 and the rollout of FSD. Long-term investors need to tolerate high volatility and focus on whether the AI business can deliver results to justify the high valuation.So we need to wait and see if Tesla's AI technology can support this meme stock. There are many unstable factors now, and I don’t recommend going all-in or heavily invested. You can consider starting with short-term positions and gradually observe, which is the best approach. Alternatively, you can build a small initial position, which is also acceptable. I will continue to monitor this meme stock closely.

If car sales are declining, what funds the future tech?

BYD outsold Tesla globally in 2025. 4.6mil vs. 1.63mil vehicles

GJ-BYD @EP2603A(22032.HK)

Tesla's valuation is 14 times that of BYD's, recently surpassing it as top EV company; HSBC notes differing growth paths.

Ford Anticipates $7 Billion EV-Related Charges In Two Years — Predicts Model E Division Would Break Even In 2029

Top battery makers' market share in China in Jan 2026: CATL 49.79%, BYD 17.43%

BYD unveils comprehensive update for the Atto 3

China EV battery installations rise 8.4% year-on-year to 42 GWh in Jan