BYD: Record Sales, Low Valuation
BYDDYBYD(BYDDY) Seeking Alpha·2024-09-13 10:44
Robert WayChinese electric vehicle giant BYD (OTCPK:BYDDF) reported record monthly sales in its new electric vehicle division for the month of August a few days ago. BYD leads the Chinese market in terms of deliveries and has focused aggressively on exporting its EVs to other countries around the world, including the European Union. BYD generated impressive sales growth for a number of months now, which is impressive considering the increasing challenges in the market as far as demand and margins are co ...