BYD Co Ltd ($BYDDY) Stock Forecast: Up 5.5% Today

What is BYD Co Ltd?

BYDDY, a stock of a Chinese electric vehicle manufacturer, experienced a strong bullish movement today.

Why is BYD Co Ltd going up?

BYDDY stock is up 5.5% on Apr 22, 2025 13:35

• Plans were announced to enter Japan's minicar market with affordable EVs, aiming to compete with local players.
• The company's broader push into Southeast Asia, including a deal to supply 50,000 EVs to Grab, has contributed to the positive market sentiment.
• Expansion into new markets and partnerships in the EV sector likely fueled investor optimism, leading to the bullish movement in BYDDY's stock price today.

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Tesla Rival BYD Targets Japan's Minicar Market With For New Affordable EV - BYD ( OTC:BYDDF ) , BYD ( OTC:BYDDY )

BYD plans to enter Japan's minicar market in early 2026 with EVs priced around $17,558 to compete with local players. The move supports BYD's broader Southeast Asia push, including a deal to supply 50,000 EVs to Grab driver-partners.

https://www.benzinga.com/markets/emerging-markets/25/04/44904375/tesla-rival-byd-targets-japans-minicar-market-with-for-new-affordable-ev

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BYD Co Ltd Price History

22.03.2025 - BYDDY Stock was up 5.5%

• Plans were announced to enter Japan's minicar market with affordable EVs, aiming to compete with local players.
• The company's broader push into Southeast Asia, including a deal to supply 50,000 EVs to Grab, has contributed to the positive market sentiment.
• Expansion into new markets and partnerships in the EV sector likely fueled investor optimism, leading to the bullish movement in BYDDY's stock price today.

30.07.2024 - BYDDY Stock was up 5.2%

• BYDDY experienced a strong bullish movement today, likely driven by several positive developments:
• China's issuance of test licenses for autonomous vehicles and the opening of public test roads indicate the country's continued support for EV technology, benefiting companies like BYD.
• The unveiling of the Seal 06 GT, a new electric performance hatchback, may have generated excitement and positive sentiment among investors.
• BYD's recent achievement of surpassing Tesla in ABI Research's Electric Vehicle Manufacturers Competitive Ranking could have further boosted investor confidence in the company's growth potential.
• Collaborations with companies like Grab for adding BYD EVs to their fleet in Indonesia demonstrate increasing market demand and expansion opportunities for BYD, contributing to the bullish movement in the stock.

29.04.2024 - BYDDY Stock was up 5.5%

• BYD unveiled a groundbreaking hybrid powertrain capable of driving over 2,000 kilometers without recharging or refueling, setting a new benchmark in the EV market.
• China's significant investment in advancing solid-state battery technology, with BYD being one of the potential participants, could have positively influenced investor sentiment towards the company.
• The growing popularity of hybrids as a less anxiety-inducing alternative to fully electric vehicles might have also contributed to the bullish movement in BYD's stock.
• Overall, BYD's technological advancements and strategic positioning in the EV market likely fueled investor optimism and drove the stock's bullish movement.

29.04.2024 - BYDDY Stock was up 5.7%

• BYD is one of the potential participants in China's initiative to advance solid-state battery technology, which could have boosted investor confidence in the company's future prospects.
• The launch of BYD's new hybrid powertrain capable of traveling over 2,000 kilometers without refueling addresses range anxiety and sets a new benchmark in the EV market, potentially attracting more consumers and investors.
• The increasing popularity of hybrids as a cheaper and less anxiety-inducing alternative to fully electric vehicles could have positively impacted BYD's stock performance, especially with the company's promising hybrid technology.
• The news about Toyota's plans for lean compact engines running on green fuels and the shift towards electric motors in hybrids may have indirectly benefited BYD by highlighting the growing importance of environmentally friendly transportation solutions, in which BYD is a key player.

29.04.2024 - BYDDY Stock was up 5.5%

• BYD Co Ltd. unveiled a new hybrid powertrain capable of driving over 2,000 kilometers without recharging, showcasing its commitment to innovation in the EV market.
• China's government announced a significant investment of $830 million in solid-state battery production, benefiting companies in the electric vehicle industry, leading to a positive sentiment in the market.
• The focus on EV batteries by China's government and BYD's breakthrough technology likely contributed to the bullish movement in BYDDY stock as investors anticipate further growth and advancements in the company's offerings.