Steve Chang, general manager of BYD South Africa , announced plans to almost double the size of its dealership network in South Africa next year to increase its market share in the country, according to Reuters.

The number of BYD COMPANY dealers in South Africa will increase to about 20 by the end of this year and is expected to expand to about 30-35 next year.

In addition to BYD COMPANY, other Chinese car manufacturers such as GAC GROUP , Chery and GWMOTOR are also present in the South African market.

BYD $1211 (-0,87 %) entered the South African market in 2023 and currently has about 13 dealers offering a total of six models on the local market.

The German car subscription provider Finn has signed a framework agreement with BYD $1211 (-0,87 %) for the delivery of up to 5,000 vehicles over the next ten months. As part of this, five different BYD models can be booked with Finn with immediate effect. And the new BYD Dolphin Surf small electric car will soon be added as the sixth model.

BYD only sold 2,891 vehicles in Germany in 2024 as a whole. According to KBA statistics, this was 30 percent fewer than in 2023. Now the Munich-based car subscription provider Finn alone wants to sell up to 5,000 units in the next ten months. These proportions show the symbolic value of the deal for BYD - also in perspective: according to a press release we received, both sides are entering into a "long-term strategic partnership". This will be the first time that BYD models will be used on subscription at Finn.

The BYD model range available to order at Finn with immediate effect includes the electric models Dolphin, Atto 2, Seal, Sealion 7 and the plug-in hybrid Seal U DM-i. In addition, the new BYD Dolphin Surf will be available at Finn directly from the market launch in Germany. According to the Munich-based company, all of the models mentioned are now available with terms of between six and 24 months and from 259 euros per month.

"This agreement is a clear commitment to a long-term partnership and joint growth between FINN and BYD," emphasizes Jürgen Lobach, Chief Fleet Officer and Managing Director at Finn. "Together, we are driving the transformation towards sustainable mobility - fast, scalable and accessible to all. With BYD as a strong partner, we are expanding our range with high-quality, innovative and affordable vehicles and offering our customers one of the most diverse e-portfolios on the market."

Maria Grazia Davino, SVP Regional Managing Director BYD Europe, comments: "We are delighted to have FINN as a long-term partner. Together with FINN, we will be able to introduce even more drivers to the outstanding BYD vehicle technologies and convince them of the benefits of electric mobility."

The Chinese manufacturer's interest is therefore clear: to make BYD better known as a new brand in the country and to reduce reservations.

BYD $1211 (-0,87 %) has entered the Cypriot passenger car market as the Chinese manufacturer of New Energy Vehicles (NEV) continues to expand in Europe.

As announced yesterday, the company officially entered the Cypriot market on May 28, launching four NEV models.

The four models are the electric SUV (Sport Utility Vehicle) Yuan Plus and Sealion 07 EV, the electric sedan Seal and the hybrid SUV Song Plus DM-i.

BYD officially entered the European passenger car market in September 2022 and has since become one of the most important NEV suppliers.

According to a report by market research firm Jato Dynamics at the end of last month, BYD registered 7,231 battery electric vehicles (BEVs) in Europe in April, overtaking Tesla for the first time, which registered 7,165 units.

The company sold 382,476 vehicles in May, an increase of 15.27 percent year-on-year and 0.63 percent month-on-month.

In May, BYD sold 89,047 NEVs overseas, setting a sales record for the sixth consecutive month. This represents a year-on-year increase of 137.46 percent and a month-on-month increase of 12.60 percent.

Until now, BYD $1211 (-0,87 %) had previously only confirmed the use of its megawatt charging technology for China, but it is now clear that the so-called "megawatt flash chargers" will also be introduced in Europe. Although Li did not provide any details on the number of megawatt chargers planned for Europe during the meeting with media representatives in Brussels, he did give details on the timetable: The network is to be set up within the next twelve months.

Li is also quoted as saying: "This will be a ground-breaking innovation that will boost consumer confidence in electric driving." BYD therefore wants to install its own charging stations at dealerships and Li states that he is already in exploratory talks with local partners.

In China, BYD has just announced new partnerships to expand its network of megawatt charging stations beyond the 4,000 units planned to date by a further 15,000. Firstly, the manufacturer wants to work with Xiaoju Charging to build 10,000 units. At the same time, BYD is cooperating with LongShine to build a further 5,000 MW chargers.

Xiaoju Charging is the charging infrastructure operator of the Chinese ride-hailing group Didi, while LongShine is a domestic energy technology company that is said to have access to over 90 percent of public charging stations in China via its aggregated charging service platform Xindiantu.

This is the way!🫵🏼

Quick question: Which financial apps do you use to analyze a stock or to have as much information as possible about a stock in one place?

I currently use a mixture of various forums, TradingView and my broker. However, I would like to have an app or website that provides all the relevant information in one place.

Thanks in advance! ✨

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Hello everyone,

I currently have a limit order for 40 $1211 (-0,87 %) -shares at €40 and am honestly wondering:

Is it worth getting in now - just because of the announced special distribution in June?

🔍 Background:

BYD is planning a generous distribution to shareholders on June 10, 2025. Anyone who is invested on the cut-off date will receive:

• 📦 8 bonus shares for every 10 shares → taxable
• 🎁 12 capitalization shares per 10 shares → not taxable
• 💶 Cash dividend of RMB 39.74 per 10 shares → not taxable

With 40 shares, this means for me

• ➕ 32 taxable bonus shares
• ➕ 48 tax-free capitalization shares
• 💵 approx. 21 € cash dividend

Sounds like a no-brainer at first, doesn't it?

⚠️ But don't forget to water it down!

Of course, this does not mean that I suddenly have more value in my portfolio. The share price will adjust proportionately after the distribution - i.e. it will be diluted. So: more shares, but less price per share. The net value remains the same for the time being - only the cash dividend remains a real gain.

💡 My thought:

I am interested in BYD in the long term (e-mobility, battery division, expansion). But I'm unsure whether it really makes sense to get in now or whether I'm just being triggered by the "special dividend". The share has recently performed strongly, and some analysts see it even higher (e.g. JPMorgan with a target price of €72), while others already see it as fairly valued.

❓Question for you:

What do you think:

• Would you buy the share now because of the special dividend?
• Or do you say: This is window dressing and in the long term something else counts?

I'm looking forward to your opinion - especially from those who may have had BYD in their portfolio for some time 🚗⚡

Greetings,

Don💸

( Picture stolen from @DiviMike )

$1211 (-0,87 %)