【#比亚迪召回部分唐元Pro#】#比亚迪召回汽车超11万辆#日前，比亚迪汽车工业有限公司根据《缺陷 汽车产品召回管理条例》和《缺陷汽车产品召回管理条例实施办法》的要求，向国家市场监督管理总局 备案了召回计划。一、召回编号S2025M0165I：自即日起，召回2015年3月28日至2017年7月28日期间生 产的2015款唐系列汽车，共计44535辆。本次召回范围内的部分车辆，由于元器件设计选型问题，可能 导致驱动电机控制器在使用过程中，主动泄放功能异常。极端情况下，造成电路板烧蚀，车辆纯电驱动 模式失效，存在安全隐患。本次召回活动是在国家市场监督管理总局启动缺陷调查情况下开展的。比亚 迪汽车工业有限公司将委托授权经销商，免费为召回范围内的车辆更新软件，泄放方式变更为电机泄 放，以消除安全隐患。二、召回编号S2025M0166I：自即日起，召回2021年2月6日至2022年8月5日期间 生产的部分元Pro纯电动汽车，共计71248辆。本次召回范围内的部分车辆，由于生产制造问题，可能导 致动力电池密封垫安装不到位，引起密封性下降，若长时间高速涉水，可能造成动力电池进水，绝缘性 能下降。极端情况下，动力电池输出功率 ...

一、召回编号S2025M0165I：自即日起，召回2015年3月28日至2017年7月28日期间生产的2015款唐系列 汽车，共计44535辆。本次召回范围内的部分车辆，由于元器件设计选型问题，可能导致驱动电机控制 器在使用过程中，主动泄放功能异常。极端情况下，造成电路板烧蚀，车辆纯电驱动模式失效，存在安 全隐患。比亚迪汽车工业有限公司将委托授权经销商，免费为召回范围内的车辆更新软件，泄放方式变 更为电机泄放，以消除安全隐患。 二、召回编号S2025M0166I：自即日起，召回2021年2月6日至2022年8月5日期间生产的部分元Pro纯电 动汽车，共计71248辆。本次召回范围内的部分车辆，由于生产制造问题，可能导致动力电池密封垫安 装不到位，引起密封性下降，若长时间高速涉水，可能造成动力电池进水，绝缘性能下降。极端情况 下，动力电池输出功率降低，存在安全隐患。比亚迪汽车工业有限公司将委托授权经销商，免费为召回 范围内的车辆使用专用密封胶补强动力电池壳体，恢复防水功能，以消除安全隐患。(智通财经APP) #比亚迪召回115783辆汽车#【比亚迪召回部分唐、元Pro汽车 共计115783辆】比亚迪汽车工业有限 ...

Group 1 - BYD Auto Industry Co., Ltd. has filed a recall plan with the State Administration for Market Regulation due to safety concerns related to certain vehicle models [1][2] - Recall number S2025M0165I involves 44,535 units of the 2015 Tang series produced between March 28, 2015, and July 28, 2017, due to potential issues with the drive motor controller that could lead to circuit board damage and loss of electric drive mode [1] - Recall number S2025M0166I includes 71,248 units of the元Pro electric vehicles produced between February 6, 2021, and August 5, 2022, which may have battery sealing issues that could lead to water ingress and reduced insulation performance [1][2] Group 2 - The company will authorize dealers to perform free software updates and apply specialized sealant to restore waterproofing for the affected vehicles [2]

日前，比亚迪汽车工业有限公司根据《缺陷汽车产品召回管理条例》和《缺陷汽车产品召回管理条例实 施办法》的要求，向国家市场监督管理总局备案了召回计划。 一、召回编号S2025M0165I：自即日起，召回2015年3月28日至2017年7月28日期间生产的2015款唐系列 汽车，共计44535辆。 本次召回范围内的部分车辆，由于元器件设计选型问题，可能导致驱动电机控制器在使用过程中，主动 泄放功能异常。极端情况下，造成电路板烧蚀，车辆纯电驱动模式失效，存在安全隐患。 本次召回活动是在国家市场监督管理总局启动缺陷调查情况下开展的。比亚迪汽车工业有限公司将委托 授权经销商，免费为召回范围内的车辆更新软件，泄放方式变更为电机泄放，以消除安全隐患。 本次召回范围内的部分车辆，由于生产制造问题，可能导致动力电池密封垫安装不到位，引起密封性下 降，若长时间高速涉水，可能造成动力电池进水，绝缘性能下降。极端情况下，动力电池输出功率降 低，存在安全隐患。 本次召回活动是在国家市场监督管理总局启动缺陷调查情况下开展的。比亚迪汽车工业有限公司将委托 授权经销商，免费为召回范围内的车辆使用专用密封胶补强动力电池壳体，恢复防水功能，以消除 ...

Core Points - BYD Auto Industry Co., Ltd. has filed a recall plan with the State Administration for Market Regulation due to safety concerns related to certain vehicle models [1][2] Group 1: Recall Details - Recall Number S2025M0165I involves 44,535 units of the 2015 Tang series vehicles produced between March 28, 2015, and July 28, 2017, due to a design issue with the drive motor controller that may lead to circuit board damage and loss of electric drive mode [1] - Recall Number S2025M0166I includes 71,248 units of certain Yuan Pro electric vehicles produced between February 6, 2021, and August 5, 2022, due to manufacturing issues that may cause battery seal failure and potential water ingress, affecting battery performance [1][2] Group 2: Remedial Actions - The company will authorize dealers to update the software for the recalled Tang series vehicles to change the discharge method to motor discharge, addressing the safety risk [1] - For the Yuan Pro electric vehicles, the company will use specialized sealing glue to reinforce the battery casing and restore waterproof functionality [2]

Recall Information - BYD Auto Industry Co., Ltd. has filed a recall plan with the State Administration for Market Regulation in accordance with the "Defective Automobile Product Recall Management Regulations" [1] - Recall No. S2025M0165I involves 44,535 units of the 2015 Tang series vehicles produced between March 28, 2015, and July 28, 2017, due to potential issues with the drive motor controller that may lead to safety hazards [1] - The company will provide free software updates through authorized dealers to address the safety concerns related to the vehicles [1] Additional Recall Details - Recall No. S2025M0166I includes 71,248 units of certain Yuan Pro electric vehicles produced between February 6, 2021, and August 5, 2022, due to manufacturing issues that may compromise battery sealing [2] - The potential risk involves water ingress into the battery, which could lead to decreased insulation performance and power output, posing safety risks [2] - The company will also use specialized sealing glue to reinforce the battery casing and restore waterproof functionality at no cost to the vehicle owners [2]

Summary of BYD Company Limited Conference Call Company Overview - **Company**: BYD Company Limited - **Industry**: Automotive, specifically focusing on electric vehicles (EVs) and new energy vehicles (NEVs) - **Date of Call**: October 16, 2025 Key Points Market Performance and Sales Projections - BYD sold approximately **700,000 units** overseas in the first nine months of 2025, aiming for a full-year target of **900,000 to 1 million units** [2] - For 2026, BYD is projected to sell **1.6 to 1.8 million cars** overseas, representing a **68-89% year-over-year increase** [2] - The forecast includes a **1.2 percentage point** year-over-year market share gain to **3.3%** in markets outside China and the US [2] Regional Market Insights - BYD's market share in Brazil, Thailand, and Australia exceeds **5%**, with over **20%** volume share among NEVs in several regions [3] - In Brazil, BYD's sales reached a record **10,000 units** in September, achieving a **5.6%** market share among passenger vehicles despite tariff hikes [13] - Thailand's market share stabilized at **6.3%** in Q3 2025, with strong sales from models like Atto 3 and Dolphin [14] - In Australia, BYD's market share reached **6.5%**, with the Sea Lion 7 being the second best-selling EV [15] - Market shares in Turkey and Indonesia retreated to **9%** and **7%** respectively, but local production is expected to start in 2026 [16] Production and Capacity Expansion - BYD has initiated production in Thailand (Q3 2024) and Brazil (Q3 2025), with plans for Hungary, Turkey, and Indonesia in 2026, potentially adding **400,000 to 500,000** units of overseas capacity [5] - The company aims to grow its overseas capacity by **50%** over the next three years [5] Financial Outlook - Profitability from overseas production is expected to be higher, with unit profits estimated at **RMB 14,000-16,000** overseas compared to **RMB 4,000-6,000** in China [6] - The stock has seen a **30% decline** since its peak in May 2025, attributed to earnings misses and guidance cuts, but inventory digestion is expected to improve soon [7] Competitive Landscape and Risks - Increased competition from peers like Geely and GWM, who are expanding their model offerings and dealership networks [4] - Rising protectionism, particularly in the EU, where regulations may require technology sharing or joint ventures with local firms [4] - Tariffs on BEV/PHEV in Brazil are set to increase to **35%** by July 2026, although local production may mitigate this impact [4] Investment Recommendation - The stock is rated as **Overweight** with a price target of **HK$130.00**, indicating a **20% upside** from the current price of **HK$108.60** [9] Additional Insights - BYD's overseas sales are crucial for its growth as domestic momentum stalls, highlighting the importance of international markets for future revenue [1] - The company is positioned to capture a significant share of the NEV market outside China and the US, with expectations that it will account for more than **one in eight** NEVs sold in these regions by 2026 [12]

摩根士丹利 称， 比亚迪 股价自5月高点以来已下跌30%，主要受业绩不及预期和指引下调影响。该行 认为库存消化即将完成，反内卷政策的影响也将逐步减弱，对该股维持超配评级。展望2026年，预计比 亚迪海外销量将达到160万-180万辆，同比增长68%-89%。这一目标虽具挑战性，但仍有可能实现。预 计比亚迪未来三年海外产能将增长约50%；海外销售占比的提升将有助于整体利润率的改善。 ...

Core Insights - Apple is collaborating with BYD to expand smart home product manufacturing in Vietnam, which includes a HomePod-style display and a desktop robot expected to launch between 2026 and 2027 [1] - Morgan Stanley indicates that this move will introduce artificial intelligence into physical spaces and allow Apple to compete in the robotics sector with other major tech companies [1] Company Developments - The partnership between Apple and BYD signifies a strategic expansion into the smart home market, leveraging BYD's manufacturing capabilities [1] - The upcoming products, including a display and a robot, highlight Apple's commitment to innovation in the smart home and robotics sectors [1] Industry Implications - The introduction of AI into physical products represents a significant trend in the tech industry, as companies seek to integrate advanced technologies into everyday devices [1] - This collaboration positions Apple to better compete with other technology giants in the rapidly evolving robotics market [1]

里昂发布研报称，根据英伟达（NVDA.US）的信息，比亚迪电子（00285）将成为英伟达新型800VDCAI服务器架构的电源组件供应商，使比亚迪电子有机会成为英伟达AI服务器系统中的整体A 根据英伟达博客所述，英伟达及其合作伙伴正推动下一代高效能吉瓦级AI工厂的建设，以支持Vera Rubin计划的发展。英伟达推出了一款新型800VDCAI服务器架构，预计将于2027年上市。在该博客中，比亚迪电子的全资子公司Lead Wealth被列为"电源系统组件供应商"。里昂表示，比亚迪电子的液冷产品，包括快速接头、冷板和歧管，已于2025年3月获得英伟达认证，适用于英伟达的GB200/300NVL72系统。比亚迪电子 另外，根据相关机构报道，苹果将在越南生产其桌面型机器人与家庭中枢。该报道提及，苹果正与比亚迪合作开发一款配备显示器的桌面型机器人与家庭中枢。据报道，苹果计划于2026年春季 责任编辑：史丽君 ...