BYD to Expand Portfolio With Compact and Affordable Pickup

BYD Company Limited BYDDY is preparing to unveil a new pickup truck positioned below the Shark as a more affordable option, per Electrek. The recent design patents offer an early glimpse.The automaker introduced its first pickup, the Shark 6, in Mexico this May and has since expanded sales to markets, including Brazil, Australia, New Zealand, the Philippines, Panama, Peru and others. The Shark 6 competes with models such as the Toyota Hilux and Ford Ranger.The Shark 6 is a plug-in hybrid pickup built on BYD’s Dual Mode Off-Road (DMO) platform. It features a 29.58 kWh battery, dual electric motors, and a 1.5-liter turbocharged engine, delivering roughly 430 horsepower (321 kW) and 650 Nm of torque. The model offers up to 62 miles (100 km) of electric-only range and a combined driving range of about 522 miles (840 km).New patents filed with the European Union Intellectual Property Office suggest BYD is developing a smaller pickup than the Shark. While pricing and specifications have not been disclosed, several design elements point to a more compact, lower-cost model compared with the mid-size Shark 6.The patent images indicate a unibody construction, commonly seen in smaller crossovers, which reinforces the idea that this truck will sit below the Shark in BYD’s lineup. Per CarNewsChina reports, it will serve as the entry-level model within the Shark family.BYD has not confirmed whether the new pickup will be fully electric or a plug-in hybrid. However, it may share the DMO platform with the Shark 6, or potentially use BYD’s more cost-effective DM-i or DM-p hybrid powertrain systems.Per Carscoops, a complete unveiling is anticipated in the near term, with manufacturing set to start in early 2026. Right-hand-drive variants are expected shortly thereafter and signal BYD’s intent to expand into markets beyond China.BYDDY Zacks Rank & Key PicksBYD carries a Zacks Rank #4 (Sell) at present.Some better-ranked stocks in the auto space are General Motors Company GM, Strattec Security Corporation STRT and OPENLANE, Inc. KAR, each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for GM’s 2025 and 2026 EPS has improved 8 cents and 47 cents, respectively, in the past 30 days.The Zacks Consensus Estimate for KAR’s 2025 sales and earnings implies year-over-year growth of 9.4% and 48.2%, respectively. EPS estimates for 2025 have improved 9 cents in the past 60 days. EPS estimates for 2026 have improved 2 cents in the past 30 days.The Zacks Consensus Estimate for STRT’s 2025 and 2026 EPS has improved 99 cents and $1.07, respectively, in the past 60 days.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report General Motors Company (GM): Free Stock Analysis Report Strattec Security Corporation (STRT): Free Stock Analysis Report OPENLANE, Inc. (KAR): Free Stock Analysis Report Byd Co., Ltd. (BYDDY): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks