---
title: "Citi: BYD's leading technology strategy helps regain market share, cost increase expected to be limited"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/278648523.md"
description: "The report from Citigroup points out that BYD is returning to the comfort zone of economies of scale through its technology-leading strategy, especially with the introduction of fast-charging technology and the second-generation blade battery, with limited expected cost increases. The firm believes that BYD's alternative price war strategy will help it regain the market share lost last year and holds an optimistic outlook on its export prospects, reiterating a \"highly confident outperform\" rating for BYD, with a target price maintained at 130 yuan"
datetime: "2026-03-11T02:49:21.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278648523.md)
  - [en](https://longbridge.com/en/news/278648523.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278648523.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/278648523.md) | [English](https://longbridge.com/en/news/278648523.md)


# Citi: BYD's leading technology strategy helps regain market share, cost increase expected to be limited

The report from Citigroup indicates that BYD (01211.HK) is returning to its comfort zone of economies of scale, believing that the "disruptive" fast-charging technology and the launch of the second-generation blade battery will expand its technological gap with peers. Given BYD's leading capabilities in R&D commercialization, the cost increase is expected to be limited.

The firm states that industrial cost inflation and weak demand show that automakers are nearing the brink of survival, thus expecting BYD's alternative pricing strategy (technology-leading functional competition) will help it regain market share lost last year and pave the way for the firm's optimistic outlook on BYD's exports.

The firm reiterates its "highly confident outperform the market" rating for BYD, maintaining a target price of 130 yuan

### 相關股票

- [Hwabao WP CSI Intelligent Electric Vehicle ETF (516380.CN)](https://longbridge.com/zh-HK/quote/516380.CN.md)
- [Guotai CSI 800 Automobile and Parts ETF (516110.CN)](https://longbridge.com/zh-HK/quote/516110.CN.md)
- [BYD Company (BYDDY.US)](https://longbridge.com/zh-HK/quote/BYDDY.US.md)
- [BYD (002594.CN)](https://longbridge.com/zh-HK/quote/002594.CN.md)
- [E Fund CSI Auto Components Thematic ETF (159565.CN)](https://longbridge.com/zh-HK/quote/159565.CN.md)
- [ChinaAMC CSI Hong Kong Connect Automobile Industry Thematic ETF (159323.CN)](https://longbridge.com/zh-HK/quote/159323.CN.md)
- [HFT CSI Auto Components Thematic ETF (562260.CN)](https://longbridge.com/zh-HK/quote/562260.CN.md)
- [Hua Xia CSI New Energy Vehicles ETF (515030.CN)](https://longbridge.com/zh-HK/quote/515030.CN.md)
- [ChinaAMC CSI Auto Components Thematic ETF (562700.CN)](https://longbridge.com/zh-HK/quote/562700.CN.md)
- [First Trust S-Network Future Vehicles & Tech ETF (CARZ.US)](https://longbridge.com/zh-HK/quote/CARZ.US.md)
- [BYD Company Limited (BYDDF.US)](https://longbridge.com/zh-HK/quote/BYDDF.US.md)
- [BYD COMPANY (01211.HK)](https://longbridge.com/zh-HK/quote/01211.HK.md)
- [Ping An CSI Auto Components Thematic ETF (159306.CN)](https://longbridge.com/zh-HK/quote/159306.CN.md)

## 相關資訊與研究

- [Key facts: BYD unveils Blade Battery & 5-min FLASH; EU trucks 2026](https://longbridge.com/zh-HK/news/278680346.md)
- [Nio increases sales and cuts losses in 2025](https://longbridge.com/zh-HK/news/278593218.md)
- [NIO Q4 Earnings Summary & Key Takeaways](https://longbridge.com/zh-HK/news/278540081.md)
- [Chery begins pre-sales for QQ3 small EV with advanced driver assistance](https://longbridge.com/zh-HK/news/278648610.md)
- [Kia’s electric hot hatch or fastback: Which EV are you buying? [Images]](https://longbridge.com/zh-HK/news/278440035.md)