BYD Company Limited: Poised To Weather The Chinese EV Price War

JP Research
5.35K Followers

Summary

  • BYD continues to engage in a fierce price war with its Chinese EV peers.
  • Early signs indicate BYD is winning, with volumes again up significantly in May.
  • Having lagged the broader EV rally, valuations screen very reasonably here.

Green Energy Vehicles At 2023 Central China International Auto Show

Getty Images/Getty Images News

BYD Co Ltd (OTCPK:BYDDF), the Chinese market leader in electric vehicles and the #2 player in EV batteries, has seen its shares underperform over the last year amid concerns over demand headwinds and heightened competitive pressures throughout

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