BYD: The Toyota of the Electric Vehicle Market? Why a new Upswing is Starting After Four Years!
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When looking at the stock prices of auto OEMs, BYD stands out as a new leader stock. Unlike its peer group, it is heading towards a new 52-week high. After a 4-year sideways movement, BYD is entering a fresh upswing. We are also playing this in our model portfolio and are already 11% in unrealized gains. With God’s Eye, BYD is bringing advanced ADAS capabilities to cars priced under €10,000. Additionally, the new Blade battery generation is expected to be released in 2025 to increase range and enable faster charging. This will allow BYD...
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