Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>Citi: BYD COMPANY (01211.HK) Launches 2nd-Generation Blade Battery, Setting Global Benchmark for Mass-Produced Battery Charging Speed
Recommend 9 Positive 13 Negative 1 |
||||
|
||||
|
BYD COMPANY (01211.HK) officially launched its second-generation blade battery yesterday (5th), setting a new global benchmark for the charging speed of mass-produced batteries, Citi Research issued a research report saying. BYD COMPANY's new battery and charging technology should currently be leading the market for at least one year, with competitors finding it difficult to replicate, Citi Research noted. With strong charging performance even in low-temperature environments, BYD COMPANY will be able to further penetrate the northern China market and capture market share of ICEs. Therefore, the broker reiterated rating at Buy on BYD COMPANY, and expected that destocking in March, the rollout of new models from now until 2Q26 and the MoM export growth momentum into March and April will serve as the next catalysts, with a target price of $174. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
