BYD

BYD is under share-price pressure because an intense price war in China is weighing on margins and domestic sales, while rising costs and trade barriers add further risks. Overseas sales are growing strongly, but investors doubt how quickly export growth can make up for weakness in the home market. Analysts' reactions are mixed: JPMorgan cut the rating and lowered the price target, Morgan Stanley reduced its target, and UBS remains optimistic. Technically, the stock is trading clearly below key moving averages; stabilization in the 8.40–8.50 euro area would be required, otherwise a speeding up of the downtrend threatens. » More on deraktionaer.de

The BYD share lost about 2.5% and is moving back toward its year low, despite no company-specific news. The trigger is rising investor caution toward the entire Chinese electric vehicle market after renewed doubts about the battery-swap cooperation between Geely and Nio. Ahead of the holidays starting October 1 and the imminent release of delivery figures, investors are avoiding risk, which is increasing selling pressure. » More on deraktionaer.de

In August, battery-electric vehicles (BEVs) made up 27.7% of new registrations in the EU27, putting them ahead of pure petrol and diesel cars, which together reached about 25%. Annualized over the first eight months, the BEV share rose to 21.7%, while hybrids including plug-ins account for the largest share at over 44%. Chinese manufacturers gained significant ground: BYD doubled its EU share from 0.9% to 2.4%, and Chinese brands together reached nearly 9.6%. Experts warn that the growth depends heavily on subsidies and high fuel prices and that, without incentives, the electric boom could quickly fade. » More on sueddeutsche.de