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BYDDF Stock: 10 Things to Know About BYD as Investors Hunt for the Next Hot EV Play

InvestorPlace2021-12-10

BYD(OTCMKTS:BYDDF) stock is on the move today despite a lack of news concerning the electric vehicle (EV) company.

Even without news, BYDDF stock is seeing heavy trading today. This has some 573,000 shares on the move as of this writing. That’s well above the company’s daily average trading volume of roughly 136,000 shares. It’s also worth pointing out we saw the company’s stock jump when markets opened this morning only to suffer a fall shortly afterward.

Let’s take a look at what investors interested in BYDDF stock need to know about the company.

  • BYD is a Chinese manufacturing company founded in 1995 and based out of Shenzhen, Guangdong.
  • The company operates in the automotive business through its subsidiary, BYD Auto.
  • BYD Auto was founded in 2003 following the acquisition of Qinchuan Automobile Company by BYD in 2002.
  • It also operates in North America via its U.S. headquarters in Los Angeles, Calif.
  • Recent news concerning BYDDF includes it partnering with Toyota Motor Company(NYSE:TM).
  • This will have them working together to create an EV similar to the Toyota Corolla.
  • This new EV will be exclusive to the Chinese automotive market.
  • It’s also worth pointing out that BYD’s cars have been doing well in its home country.
  • For the first three quarters of 2021,four of the company’s cars were among the top 15 sellers in China.
  • If we narrow that down to the month of September, then five of BYD’s cars make it into the top 15 on the list.

BYDDF stock is down 2.29% on Thursday.

免责声明:本文观点仅代表作者个人观点,不构成本平台的投资建议,本平台不对文章信息准确性、完整性和及时性做出任何保证,亦不对因使用或信赖文章信息引发的任何损失承担责任。

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评论13

  • Jojolee
    ·2021-12-14
    Definitely one to watch
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  • AndrewL
    ·2021-12-10
    Nice 👍
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  • HOK
    ·2021-12-10
    Wow 🤩 
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  • sunshine138
    ·2021-12-10
    [Cool] [Cool] 
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  • JLKang
    ·2021-12-10
    EV is trending 
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  • lDarren
    ·2021-12-10
    Which EVs are in your portfolio?
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    收起
    • JenneyJJ
      Currently, only Tesla. Might be looking into BYD.
      2021-12-11
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  • JimmyT
    ·2021-12-10
    Ok
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  • Jazim
    ·2021-12-10
    Okay
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    收起
    • JimmyT
      ok
      2021-12-10
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  • TradeMore
    ·2021-12-10
    Ok
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  • KYHBKO
    ·2021-12-10
    the company is already one of the leaders for EV with Tesla. let us research before investing.
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  • JCinvest
    ·2021-12-10
    Yeah
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    收起
  • Dcpaddidog
    ·2021-12-10
    Like pls
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    收起
    • JCinvest
      Done
      2021-12-10
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  • MichT
    ·2021-12-10
    Great to know it
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    • Albaakbert
      [Cool][Smile][Cool][Happy]
      2021-12-10
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    • Dcpaddidog
      Yup
      2021-12-10
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