BYD is one of the strongest players in electromobility with almost infinite financial resources.
This is also demonstrated by the campaign that has just started in Germany, in which many models are being offered at extremely reduced prices. For example, the Seal 6 is being reduced from 39k to 29k!
Registration figures must be increased at all costs. After the price war in China, BYD is now bringing this to us and will make life hell for some manufacturers with these offers.
I am invested and will remain so.
This is also demonstrated by the campaign that has just started in Germany, in which many models are being offered at extremely reduced prices. For example, the Seal 6 is being reduced from 39k to 29k!
Registration figures must be increased at all costs. After the price war in China, BYD is now bringing this to us and will make life hell for some manufacturers with these offers.
I am invested and will remain so.
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@TradingHase take a look at Australia, where BYD is currently introducing the cheapest EV on the market.
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•@SAUgut777 It looks similar here. Thanks to the current discount, you can get the little Dolphin Surf for less than 19k. With the Leapmotor T03, this makes it one of the cheapest fully-fledged vehicles in Germany. BYD is also continuing to expand its dealer network extensively.
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•@TradingHase and when you consider that BYD is not only active in the EV sector, you realize the real potential...even if everyone is just hanging on to the sales figures.
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•@SAUgut777 Absolutely. BYD is in my portfolio with a considerable minus and that's where it will stay. It is a manufacturer whose quality and price are already right. What's more, they are almost completely independent of suppliers. If there is a crisis somewhere in the world, BYD doesn't care because they produce it themselves. That is the point that makes the whole thing scalable.
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•@TradingHase Supply chain law 😅 No, joking aside, that's exactly where the strength lies in the future EV market, but there are also the components of robotics and networking, not to mention the energy storage market.
Remains a Chinese top pick in the long term with $3750, unless the natural disasters of Trump and Xi get out of hand 😅
Remains a Chinese top pick in the long term with $3750, unless the natural disasters of Trump and Xi get out of hand 😅
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