BYD Company Limited·Consumer Cyclical

A Brazilian court issued an injunction removing Chinese automaker BYD from a government list of firms accused of employing workers in slavery-like conditions, a document seen by Reuters on Thursday showed.

BYD announced Wednesday a partnership with KFC to develop a network of "nine-minute," one-stop drive-thru locations in China. These drive-thrus will allow users to consume meals from KFC while waiting for their EVs to charge.

And it doesn't sell a single car.

The markets were eagerly awaiting first-quarter delivery totals from Tesla, which came in at 358,023, shy of consensus estimates.

Chinese electric vehicle startup Leapmotor posted its fourth-straight quarter of deliveries exceeding 100,000 units. This came as BYD's deliveries fell by 30% this quarter.

BYD, NIO, XPeng, and Li Auto delivered about 400,000 electrified cars in March, including plug-in hybrids, down 12% year over year.
BYD Company Limited, together with its subsidiaries, engages in the research, development, manufacture, and sale of automobiles and related products in the People's Republic of China and internationally. It operates through three segments: Rechargeable Batteries and Photovoltaic Products; Mobile Handset Components, Assembly Service and Other Products; and Automobiles and Related Products and Other Products. The company offers internal combustion, hybrid, and battery-electric passenger vehicles; buses, coaches, and taxis; logistics, construction, and sanitation vehicles; and vehicles for warehousing, port, airport, and mining operations. It also manufactures and sells lithium-ion and nickel batteries, photovoltaic products, and iron batteries primarily for mobile phones, electric tools, and other portable electronic instruments; mobile handset components, such as housings and electronic components; medical protection products; and automobiles, and auto-related molds and components, as well as provides assembly, and automobiles leasing and after sales services. In addition, it offers rail transit equipment; solar batteries and arrays; and urban rail transportation services. The company was founded in 1995 and is headquartered in Shenzhen, China.
Consumer Cyclical
Auto - Manufacturers
968,900
2009-02-13
0.33