SEHK:1211Auto
BYD Fast Charge Breakthrough And Mexico Push Reshape Valuation Story
BYD (SEHK:1211) has launched a new electric vehicle battery that it says can fully charge in 9 minutes.
The company is moving ahead with plans to buy a large manufacturing facility in Mexico to support international growth.
These moves come as BYD faces sharp sales declines in its home market and softer demand in China.
BYD shares last closed at HK$92.6, with the stock down 22.3% over the past year but up 46.3% over five years. That mixed record shows how investor sentiment around SEHK:1211...