BYD Share Price Plus500

BYD Share Price Plus500

In the table below you can see the BYD Share live price and the historical price chart as offered by the famous CFD Broker Plus500.com.

BYD is a very known Chinese electric car manufacturer, where Warren Buffet has invested some money.

The price bellow is not the exact real price, it a CFD price offered by Plus500.com really close to the market actual price. The price is in HK$.

If you want to take advantage from the price volatility of the BYD Share you can start trading the BYD CFD in Plus500.

 

BYD Share Live Price in USD (Plus500 CFD)

About BYD

BYD (Build Your Dreams) is a well-known high-tech company has aims to improve the life of individuals through its technological innovations. BYD is a popular Chinese automobile manufacturer today. This company was initially established as a rechargeable battery manufacturer back in 1995. The growth of this company happened at a very fast pace with in the first 10 years.  The company managed to become the largest Chinese manufacturer of rechargeable batteries with in this short span of time. With the passage of time BYD started expanding its business as it added mobile phone components and automobiles as well.

 

Automobiles

BYD Corporation acquired Tsinchuan Automobile Co Ltd in 2002. It was the time when the company laid the foundation of BYD Automobile Co Ltd. BYD manufacturers gasoline-powered models, and electric cars. The government of Canada allowed BYD in 2017 to open a factory in one of its provinces. The factory had to produce electric vehicles in the Canadian province. BYD Corporation was already running a small office in Ontario back then.

The company started working on a monorail prototype project in 2016. BYD wanted to enter in the rail transit market globally. BYD corporation ended up opening a first public Skyrail line in the year 2018. The project later expanded to other Chinese cities as well including Bengbu, Guang’an, Guilin, Shantou etc. The company has now received multiple orders from various cities worldwide to implement a similar Skyrail system.

 

BYD Company & Innovation

BYD is a leading Chinese company that manufacturers battery-powered bicycles, buses, automobiles, rechargeable batteries, trucks, forklifts. The head quarter of the company is located in Shenzhen. The North American headquarter of BYD Corporation is located in in Downtown Los Angeles. Moreover, the company is running various sales offices in different countries.

BYD is currently manufacturing battery-powered bicycles, manufacturer of automobiles, rechargeable batteries, truck, buses, mobile-phone batteries and forklift. Due to its fast growth, the company managed to secure a position in the Bloomberg Businessweek Tech 100 list back in 2010.

BYD is known for incorporating innovation in its business. The company has been sucessful in developing mobile phone batteries at room temperature instead of using expensive technologies. Back in 2010, BYD was ranked among the top ten innovative companies by BusinessWeek. Moreover, the top category of innovation was awarded to the PV Magazine in 2017. The new storage system was the basis of this achievement.

 

Operations, Technology & Revenues

Right now, BYD has multiple operational basis, three of them are located in Shenzhen only. Others are located in Shanghai, Shanxi and Huizhou. The company has established auto production bases in different areas of China including Beijing, Dalian, Shanghai and Shenzhen.

Moreover, BYD has also established it self in the US. It is currently operating in San Francisco, Illinois, Elk Grove Village, California. The upcoming North American headquarters are planned to be located in Los Angeles. BYD is currently operating its manufacturing plants in California, Lancaster, and Los Angeles.

One of the major products produced by the BYD company is its iron battery technology. It has the honour to be the first company to produce and distribute completely electric vehicles. The battery guarantees improved capacity and performance. The car can drive around 400 Km once it is fully charged. This battery is also proved to be environment friendly, that is why it does not face any major competition in the market.

BYD went public in the year 2002. The company generates its major financial resources from public shareholders. BYD is pretty much profitable in terms of its shares. The company earned a total revenue of 102.6 billion CNY in 2017.

 

BYD & Warren Buffet

1. A company called MidAmerican Energy, controlled by Berkshire Hathaway, invested in the Chinese electric vehicle company BYD in September 2008
2. The deal was about 8 HK$ a share (a little over USD$1). On 2008 BYD was a penny stock
3. After almost two years BYD share hit a record high of HK$88.4 (October 2009)
4. Today its price is almost 47 HK$, Warren Buffet’s long term bet is totally successful.

 

BYD CFD Trading

For Short Term Trading (Day Trading, Intraday Trading etc) it is not necessary for you to buy the real BYD share, instead, you can try the BYD CFD Share Trading in Plus500.

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