BYD Expands Its Ride-Hailing and Fleet Presence with New Linghui Lineup

BYD (BYDDF) is growing its lineup again with a new sub-brand called Linghui, created specifically for the fast-growing ride-hailing and commercial fleet market. The new unit will offer rebadged versions of several existing BYD models better suited for heavy, everyday use.

The move comes as the ride-hailing and fleet industry shifts to electric vehicles (EVs) and BYD looks to build a dedicated brand to meet that demand. Moreover, BYD’s decision comes at a time when China’s EV market is becoming more competitive.

Creating Linghui helps BYD separate its consumer lineup from its fleet-focused vehicles, while expanding its presence in commercial EVs.

BYD’s First Models Under Linghui Brand

Regulatory filings with China’s Ministry of Industry and Information Technology show that the first Linghui vehicles will be based on familiar BYD models:

• Linghui e5, a revamped version of BYD’s Qin PLUS electric sedan 
• Linghui M9, derived from the Xia DM‑i multi‑purpose van 
• Linghui e9, based on BYD’s flagship Han electric sedan

These cars will be adjusted for durability, efficiency, and demands for long hours of commercial driving.

What This Means for the Ride‑Hailing Industry

Linghui could become a key brand for electrifying driver fleets across China. BYD already partners with many regional ride-hailing platforms and has a dedicated sub-brand that would help it stand out in this market.

For drivers and fleet operators, Linghui offers a clear set of benefits, including lower operating costs, vehicles built specifically for long hours on the road, and access to BYD’s expanding charging and service network.

Is BYD a Good Stock to Buy?

Overall, Wall Street has a Strong Buy consensus rating on BYD stock based on 15 Buys and one Sell recommendation. The average BYDDF stock price target of $17.29 indicates 41.49% upside potential.

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