Butterfly effect, BYD also increased the price

With the decline of new energy subsidies and the impact of the superimposed price rise of raw materials, the price rise of new energy vehicles in 2022 wind, following Tesla, Volkswagen ID series, Nezha, GaC Eon, Xiaopeng automobile, BYD automobile also finally rose in price, causing the butterfly effect.Byd, officials announced on January 21st, the…

Credit Suisse: byd shares to outperform market rating target price of HK $380

Credit Suisse issued a research report that maintained BYD shares (01211) target price of HK $380, equivalent to 2022 forecast p/E ratio of about 158 times, rating “outperform the market”, optimistic about its long-term development prospects.Byd is expected to cut costs by adjusting prices and reducing dealer subsidies, given margin pressure from falling government subsidies…