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BYD to Expand Portfolio With Compact and Affordable Pickup
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Key Takeaways
BYD plans a compact pickup below the Shark 6, with patents pointing to an entry-level model.
BYD's patent images show unibody construction, suggesting a smaller, lower-cost truck than the Shark 6.
BYD expects a near-term unveiling, production starting early 2026, and right-hand-drive versions soon after.
BYD Company Limited (BYDDY - Free Report) 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.
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.
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BYD to Expand Portfolio With Compact and Affordable Pickup
Key Takeaways
BYD Company Limited (BYDDY - Free Report) 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 Picks
BYD carries a Zacks Rank #4 (Sell) at present.
Some better-ranked stocks in the auto space are General Motors Company (GM - Free Report) , Strattec Security Corporation (STRT - Free Report) and OPENLANE, Inc. (KAR - Free Report) , 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.