BYD Wins Defamation Battles and a Brazilian Bus Order, but the Stock Keeps Falling
28.06.2026 - 19:54:38 | boerse-global.de
BYD’s legal team has secured a string of court victories against Chinese social media influencers, with five accounts ordered to pay a combined 80,800 euros for spreading false information about the electric vehicle maker. The heaviest penalty fell on “Tiger Wolf Talks Cars,” which must hand over 210,000 yuan (roughly $30,900). Other accounts hit with 100,000 yuan each include “Zhengren Talks Cars” and “Solid-State Batteries Are Here.” One individual blogger faces an even stiffer bill of over two million yuan in damages. BYD’s legal department, which offers bounties ranging from 50,000 to five million yuan for tips on coordinated disinformation campaigns, is clearly taking no prisoners.
Yet on the stock market, the good news has failed to stick. BYD’s shares closed last Friday at €8.29, down more than 3% on the day and roughly 24% lower since the start of the year. The intraday low of €8.08 marks a fresh 52-week trough, set just the previous Wednesday. The 14-day relative strength index has sunk to 20.6, deep in oversold territory, and the stock now trades almost 24% below its 200-day moving average. While such extreme readings have historically preceded rebounds, the technical picture remains bleak.
Operating developments, however, tell a different story. Brazil, BYD’s largest single market outside China, handed the company a double win late last week. São Paulo officially launched a fleet of 500 electric buses on Friday, 265 of which came from BYD, and the city has pledged to stop buying diesel buses altogether. Separately, Brazil’s foreign trade committee extended a tax exemption on imported vehicle kits for another six months starting July 1, 2026. That gives BYD continued duty-free access to components while its Camaçari factory ramps up to full production, targeting 50% local content by the end of 2026.
Should investors sell immediately? Or is it worth buying BYD?
Back in China, BYD is gearing up for the July 2 launch of the Seal 08, a flagship sedan that will feature the company’s second-generation Blade battery and an 800-volt architecture. The pure-electric variant is expected to deliver up to 1,000 kilometres of range, though official figures put it at 785 km with 694 horsepower. Pre-production units have already arrived at dealerships. Hot on its heels, BYD will showcase eight vehicle premieres across three brands at the Goodwood Festival of Speed, including the global debut of the Denza Z coupe — marking the premium brand’s formal entry into the UK.
The company is also laying logistical groundwork for its global expansion. A three-year memorandum of understanding signed with CEVA Logistics covers transportation services in more than 100 countries, supporting the build-out of overseas production sites. In Vietnam, BYD has teamed up with the Phuong Trang-Futa Group to develop a nationwide charging network, with pilot stations already operating in Ho Chi Minh City.
Meanwhile, South Korea is on the radar for 2026: BYD aims to sell more than 10,000 vehicles there after debuting the Sealion 6 DM-i at the Busan Mobility Show. In North America, talks with Canadian regulators are under way to navigate tariff barriers, and the company is exploring whether a local factory could ease trade tensions. European headwinds remain, with EU tariff negotiations and the recently suspended factory project in Turkey weighing on sentiment. Yet BYD’s May exports surged 80% year-on-year, and investors will be watching the June delivery numbers due in early July for clues on whether that momentum can hold.
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