• Like
  • Comment
  • Favorite

BUZZ-China's BYD jumps on new super-charging EV tech

Reuters03-18

** Hong Kong shares of Chinese electric vehicle $(EV)$ maker BYD Co Ltd 1211.HK jump 6% to HK$408.8, their highest since February 27

** Shenzhen-listed stock rises 2.6% to all-time high at 390 yuan

** BYD on Monday unveiled a new platform for EVs that it said could charge EVs as quickly as it takes to pump gas and announced for the first time that it would build a charging network across China

** The "super e-platform" will be capable of peak charging speeds of 1,000 kilowatts (kW), enabling cars that use it to travel 400 km (249 miles) on a 5-minute charge

** Says the new charging architecture will be initially available in two new EVs - Han L sedan and Tang L SUV

** Nomura, with "Buy" rating, says Super E platform to accelerate battery EV (BEV) adoption and BYD enters the megawatt fast-charging era

** Hang Seng Tech Index .HSTECH surges 2.3%, Hang Seng Index .HSI climbs 1.8%

** YTD, Hong Kong stock up 49.4%, Shenzhen shares up 37%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

empty
No comments yet
errorbox banner

抱歉,当前请求异常(-1)

7x24

  • 19:50

    Nyse Order Imbalance 41326.0 Shares on Sell Side

  • 19:33

    Exclusive-the BOT Company, Building at-Home Robots, Valued at $2 Billion With Zero Revenue, Sources Say

  • 19:33

    Exclusive-Former Cruise CEO Raises $150 Million for New Robotics Startup, Sources Say

  • 19:32

    Investigation Will Focus on Electrical Distribution Equipment - London Fire Brigade

  • 19:32

    Fire at Substation Near Heathrow Airport Is Believed to Be Non-Suspicious - London Fire Brigade

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial