Unusual Moves | BYD Rises Over 7% to Return in the Red, Reportedly Secures Large Order for 100,000 Vehicles

SighingCashier · 2026-03-16T11:25:37+00:00

BYD received a combined export order of 100,000 vehicles from Argentina and Mexico, with stock price rising to 104 yuan. Li Ke announced that the Brazil plant plans to increase annual production capacity from 150,000 units to 600,000 units, and will invest 300 million Brazilian reals to build a research and development center, expected to be completed by 2028.

SighingCashier

2026-03-16 11:25:37

Abstract generation in progress

BYD (01211) received export orders for a total of 100,000 vehicles from Argentina and Mexico, boosting the stock price and returning it to the “red” territory, with a maximum increase of 8.3%, reaching 104.8 HKD.

As of 3:43 PM, the stock was at 104 HKD, up 7.5%, with a turnover of 5.19 billion HKD.

Mainland Chinese media reported that BYD Executive Vice President Li Ke announced at an event in Rio de Janeiro, Brazil, that BYD’s Brazil factory has secured a total of 100,000 vehicle export orders from Argentina and Mexico. Among them, Argentina and Mexico each ordered 50,000 vehicles.

BYD’s Brazil factory, located in Camassari, Bahia State, currently has an annual capacity of 150,000 vehicles, with plans to gradually increase to 600,000 vehicles.

Li Ke also announced that BYD will invest 300 million Brazilian reais to build a research and development center in Rio de Janeiro. The project is expected to be completed by 2028. The center will be equipped with vehicle dynamics, range, and extreme environment testing facilities, focusing on tropical climate data collection to support product localization and adaptation.

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