Maintain BUY.BYD’s strong4Q24earnings once again underscored theimportance of economies of scale.We expect BYD to prioritize sales volumeagain in FY25E,by leveraging new models,overseas expansion,batt ...

Beyond the kilovolt architecture, BYD's advancements extend to the deployment of 4000 10C megawatt charging stations, which further enhance the charging infrastructure. These stations, combined with ...