share_log

方正证券:比亚迪11月销量再破50万,海外市场持续开拓,予“强烈推荐”评级

Fangzheng Securities: BYD's November sales volume exceeded 0.5 million again, continuously expanding overseas markets, rated as "strongly recommended".

Breakings ·  Dec 4 14:53

Founder Securities research reports point out that BYD (002594.SZ) saw double-digit increases in November sales compared to the previous month, with sales surpassing 0.5 million once again. In July 2024, the subsidy for trading in old cars for new ones was increased. As a leading company in the industry's mainstream price range, the company benefited significantly, achieving monthly sales exceeding 0.5 million again after reaching 0.503 million vehicles in October. The overseas market continues to expand, with the Geely brand officially entering the Thai market in November, marking an important step in Geely's strategic layout in the largest auto market in Southeast Asia. On November 5th, Lynk & Co UP debuted in Mexico, further expanding into the Latin American market. On November 12th, the Sea Lion 07EV was launched in Europe, showcasing its super high-performance electric machine to demonstrate technological strength, with product deliveries expected to begin in 2025. The company's continuous expansion in major auto consumer markets globally is expected to unlock sales growth potential. In addition, the company's product portfolio is further expanding, enhancing the intelligent driving experience. Given a "strongly recommended" rating.

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment