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<Research>UBS: BYD COMPANY (01211.HK) Announces New Battery & Flash Charging Tech to Further Solidify Leadership
Recommend 11 Positive 23 Negative 4 |
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BYD COMPANY (01211.HK) launched its latest battery and flash charging technology, further solidifying its leadership position in EV technology and enhancing user experience, according to UBS' research report. With flash charging technology achieving ICE car-like energy replenishment efficiency, the Company aimed to drive overall EV penetration beyond 50% and reach 30-35% in the Northern China region. The broker also anticipated that the Company's capital expenditure in 2026 will shift from expanding manufacturing capacity to deploying flash charging facilities. Therefore, UBS now rated BYD COMPANY at Buy, with a target price of $130. AASTOCKS Financial News Website: www.aastocks.com |
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