BYD: new Surge Towards the 52-Week High. Ambitious Plans Until 2030 and the New e7 Electric Sedan Costs Half of a Tesla!

The stock of BYD rises to a new 52-week high and gives the green light. This makes the stock significantly more bullish than its peers when looking at BMW, VW, or Tesla (i). Only Ferrari can keep up. But what is behind the renewed rally of BYD? 1.) The Chinese manufacturer of electric vehicles and batteries has a grand plan. By 2030, half of its sales should take place abroad. After selling about 4.2 million units in 2024, BYD would have to at least double its sales. With a new development, testing, and distribution center in Hungary, it lays...