BYD's 19-Million Milestone Overshadowed by Hague Ruling and BlackRock Stake Cut
Published on 11/12/2026 at 16:51 | Editorial boerse-global.de
A production landmark, a courtroom setback in the Netherlands and a sizeable institutional exit all landed on BYD's plate within days of each other. The Chinese electric-vehicle maker rolled its 19-millionth New Energy Vehicle off the line in Xi'an on Monday — a Fang Cheng Bao Tai 9 — yet the shares slipped 1.7% yesterday to close at €7.96.
The legal development came in The Hague, where a court ordered Jaguar Land Rover to destroy documents seized from BYD's Dutch offices. The ruling, issued yesterday, stems from the dispute over the Ti7 and Defender models, though it stopped short of deciding whether Jaguar Land Rover's rights were actually infringed.
BlackRock Trims Its Holding
Institutional ownership also shifted. A Hong Kong mandatory disclosure dated 5 November revealed that BlackRock sold 11.54 million BYD shares off-exchange, cutting its disclosed long position from 7.24% to 6.92%.
Should investors sell immediately? Or is it worth buying BYD?
On the sales front, figures released on 1 November put October volume at roughly 490,000 vehicles. Cumulative sales from January through October reached about 3.62 million units. Overseas shipments of passenger cars and pick-ups came close to 170,000 last month — a 103% jump year on year.
Wheel Mix-Up Triggers Free Checks
BYD also issued an apology yesterday after some Great Tang SUVs left the factory with front and rear wheels swapped. According to Reuters, a coding error at a supplier caused the vehicles to be fitted with the wrong rims. The company said its testing found no risk to handling or safety, and it is offering affected owners free inspections and corrections, plus help with transport and a restart of the warranty.
Smartphone Partnership With vivo
Separately, BYD sealed a strategic agreement with vivo on 5 November covering smartphone-to-vehicle connectivity. The Denza N8 will be the first model to receive cross-device AI, digital key and linked features, with the rollout across selected models from various BYD brands slated for completion by the end of 2026.
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BYD Stock: New Analysis - 12 November
Fresh BYD information released. What's the impact for investors? Our latest independent report examines recent figures and market trends.
