LYC 0.29% $6.92 lynas rare earths limited

Interesting, page-446

  1. 7,613 Posts.
    lightbulb Created with Sketch. 508
    Your article is correct. BUT

    You should be more careful in your reading Learn to differentiate different word Sales means the vehicle was sold to the end user. Money returned to manufacturer. This article never uses Sales! It uses "delivered" this mean it has shipped from plant and car is sitting some ware. IN fact the brain new boat that BYD built which is the biggest CAR transporter in the world holds about 7000 cars, recently sailed in circles all over EU trying to unload because there were so many cars already stored at ports there was no where to put them. Also BYD is the biggest in China and they have many quality problems. With cars not being bought and a very large inventory surplus at some point they will have to cut back productions. If you are not including this in your investment models you are going to get burnt.

    BYD’s Quality Problems Hit International Markets: Report (insideevs.com)
    Has BYD already peaked? (ft.com)
    Byd electric car reliability issues and customer complaints in China | Eightify


    If you want to DYOR just google BYD cars. May articles will come up few positive in my opinion, there are a few.
 
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