Tesla's Vietnamese Rival VinFast Enters 'Next Growth Frontier' India Amid Global Expansion Push, Plans $500 Million Investment - BYD (OTC:BYDDF), BYD (OTC:BYDDY)

Tesla’s Vietnamese Rival VinFast Enters ‘Next Growth Frontier’ India Amid Global Expansion Push, Plans $500 Million Investment – BYD (OTC:BYDDF), BYD (OTC:BYDDY)

Vietnamese electric vehicle manufacturer VinFast Auto VFS is entering India’s growing EV market with two premium SUVs, following strong third-quarter 2024 delivery growth and significant financial backing from its founder. The Nasdaq-listed company unveiled its VF6 and VF7 models at the India Auto Show in New Delhi, planning to challenge established players like Mahindra &…

Read More
Chinese EV Stocks Li Auto, BYD, Nio To Benefit From Rebound: Analyst - BYD (OTC:BYDDF), Li Auto (NASDAQ:LI)

Chinese EV Stocks Li Auto, BYD, Nio To Benefit From Rebound: Analyst – BYD (OTC:BYDDF), Li Auto (NASDAQ:LI)

Macquarie Equity Research issued a positive outlook for the short-term Chinese EV market following a $142 billion (one trillion yuan) stimulus package. Analysts listed several positive catalysts, including new model launches, expanded margins due to operating leverage, the end of subsidies pulling demand forward, reduced discounting pressures and clarity on potential European Union (EU) tariffs,…

Read More