[1211] BYD Stock Price Rises Nearly 8% to Resume "Red Chip" Status - Brazilian Factory Reportedly Secures Total of 100,000 Vehicle Export Orders

SocialAnxietyStaker · 2026-03-16T08:32:14+00:00

BYD stock price rose 7.8% to 104.3 yuan, returning to "red-chip stocks" status. Vice President Li Ke announced that the Brazil factory received export orders totaling 100,000 units from Argentina and Mexico combined. Annual production capacity is planned to increase from 150,000 units to 600,000 units. Meanwhile, an investment of 300 million Brazilian reals is expected to establish an R&D center, to be completed by 2028, which will focus on product localization adaptation and technical support.

SocialAnxietyStaker

2026-03-16 08:32:14

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BYD (01211)
Shares rose 7.8%, closing at HKD 104.3, returning to the “red-chip” category, with trading volume increasing to HKD 5.82 billion. According to reports, BYD Executive Vice President Li Ke announced at an event in Rio de Janeiro, Brazil, that BYD’s Brazil factory has received export orders for a total of 100,000 vehicles from Argentina and Mexico. Among them, Argentina and Mexico each ordered 50,000 vehicles.

It is understood that BYD’s Brazil factory is located in Camassari, Bahia State, with an annual production capacity of 150,000 units, planning to gradually increase to 600,000 units.

Meanwhile, Li Ke also revealed a major investment plan. BYD will invest 300 million Brazilian reais (about USD 53 million) to build a R&D center in Rio de Janeiro, with construction expected to start this year and be fully completed by 2028. The center will be equipped with vehicle dynamics, range testing, and extreme environment testing facilities, focusing on tropical climate data collection to support product localization and adaptation.

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