Shares of Nio Inc. rallied Monday, as did those of other China-based electric-vehicle makers, after data showed March deliveries rose sharply from a year ago.
China EV sales for Tesla rivals Li Auto, Nio, XPeng and BYD are on tap. Expectations are low amid fierce competition.
BYD is growing fast and has industry-leading volumes. BYD's margins are improving, while many peers are unprofitable. The stock is trading at an undemanding valuation.
Tesla's partnership with CATL is welcome as it copes with intensifying competition among EV makers, which has led to price cuts and lower profitability.
Chinese electric vehicles maker BYD has slowed down its plans to build an EV factory in Vietnam, a manager of the industrial park where the plant would be built told a shareholders meeting on Thursday
The share of made-in-China vehicles in the region is expected to rise to just over 25% in 2024, according to T&E research.
Jason Hsu of Rayliant Global Advisors says that there will be "fierce" competition and consolidation amongst China's EV players and thinks BYD, Geely and Xiaomi will emerge as the winners.

BYD's Rise Challenges Tesla---and Its Valuation

10:29am, Wednesday, 27'th Mar 2024
BYD and Tesla have a lot in common these days—except in terms of market value, where the U.S. company is roughly seven times as big.
Anthony Sassine, director and senior investment strategist at KraneShares, discusses the Chinese electric vehicle maker's earnings.
Chinese electric vehicle giant BYD reported an 18.6% rise in fourth-quarter profit on Tuesday, its slowest since the first quarter of 2022, as EV sales lost momentum in the world's biggest auto market
Warren Buffet-backed BYD recently became the world's top EV maker, and has ambitious plans to win over foreign markets with its cost-competitive cars.
Tesla Inc (NASDAQ:TSLA, ETR:TL0) was down almost 1% in Monday's pre-market trading as aggressive price cuts by key Chinese rival BYD appeared to plot its plans to take further market share. Almost eve
China electric vehicle (EV) maker BYD on Monday lowered the starting price of a new version of its Seal electric sedan to 179,800 yuan ($24,978.12).
BYD demonstrates formidable strength from the business perspective, leaving competitors far behind in terms of the deliveries expansion. Business success is converted into improving profitability and
EV stocks are in the spotlight once again after a somewhat muted 2023. Global sales of fully electric and plug-in hybrid vehicles (PHEVs) grew 31% in 2023, down from 60% in 2022, Rho Motion data shows
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