BYD sets new sales record, dynaCERT ramps up production, and Plug Power suddenly shows signs of life

BYD – On the rise globally

Chinese electric vehicle and battery giant BYD is continuing its dynamic expansion course unabated in 2025. The Company has developed from a regional player into a global force, recording record-breaking growth, particularly in Europe and the UK. In the UK alone, sales in the first quarter already exceeded the total for 2024, while market share climbed significantly from 0.45% to 1.6%. A European milestone was achieved in April. BYD overtook Tesla for the first time in new registrations of purely battery-powered vehicles, growing by an impressive 359% year-on-year. This international momentum is also reflected in Germany, where deliveries rose by a staggering 824% in May.

The latest quarterly figures highlight BYD's financial strength. Net profit doubled to the equivalent of approximately USD 1.3 billion, while revenue jumped significantly to over USD 23.5 billion. Last year, the Company closed with a record profit of around USD 5.6 billion. This solvency, coupled with high cash reserves and minimal long-term debt, is financing the aggressive expansion. BYD is already the global market leader in terms of production. In 2024, 4.27 million electric vehicles were delivered. The Company is aiming for 5.5 million units in 2025, of which over 800,000 are to be sold abroad. This corresponds to a 92% increase in exports.

BYD's multi-pronged brand strategy targets different customer segments while complete vertical integration, from battery cells to end products, ensures cost advantages and supply chain stability. Innovation remains a core pillar, particularly in battery technology and fast charging. Internationalization is progressing with new production sites and a rapidly growing dealer network, for example, in South Africa. However, BYD also faces risks. The fierce price war in its home market of China, fueled by its own discounts of up to 35%, is weighing on margins and has already led to regulatory warnings about "disorderly competition." After a 1:3 split, the stock is trading at EUR 15.60, or EUR 46.80 before the split.

dynaCERT – Cleantech pioneer with new momentum

dynaCERT has significantly expanded its presence in the US market. Since June, the Canadian company has been listed on the OTCQB Venture Market, a platform for high-growth companies, under the symbol DYFSF. This upgrade increases visibility among North American investors and improves trading opportunities. Another positive development for dynaCERT is the CAD 30 million increase in Ontario's Hydrogen Innovation Fund (HIF). The funding will now support broader applications of hydrogen technology in various industries. The Company, which has been in active dialogue with government agencies for many years, sees this as clear confirmation of the economic benefits of its solutions. At the same time, it highlights the value of dynaCERT's Cipher Neutron investment.

dynaCERT's core business is based on its patented HydraGEN™ technology. With this technology, diesel engines can be upgraded and then benefit from an optimized combustion process through the addition of hydrogen. The result is a 5 to 15% reduction in fuel consumption and significantly lower emissions of, for example, CO2 and nitrogen oxides. The practical suitability of the technology has been proven by a large order from the oil and gas industry in Canada. Through its distribution partner Simply Green, 170 HydraGEN™ units have already been delivered to a drilling company, with positive feedback on efficiency and environmental performance.

A decisive milestone was the recognition of the Company's proprietary methodology for generating CO2 certificates by the standard-setting body Verra. Customers can now generate tradable emission credits by using HydraGEN™ systems and documenting them via HydraLytica™ software. This opens up an additional, potentially lucrative source of revenue for dynaCERT alongside hardware sales. The ongoing pre-production of 1,000 units and the focus on key markets such as logistics, mining, and construction highlight the cleantech specialist's growth ambitions. The stock is currently trading sideways and waiting for an upward breakout. One share currently costs CAD 0.145.

Plug Power – Momentum from operational steps, but the road ahead remains long

Plug Power reports significant progress in production. The new hydrogen plant in the US state of Georgia achieved a record 300 tons of liquid hydrogen in April. This is proof of the scalability of the Company's proprietary electrolyzer technology. Together with its sites in Tennessee and Louisiana, the Company has a daily capacity of 40 tons. This internal production supplies key customers such as Amazon and Walmart and is intended to reduce dependence on third-party suppliers in the long term. At the same time, Plug is demonstrating the practical suitability of its electrolyzers for European industrial partners at the "Green Box" innovation campus in the Netherlands.

Despite a rise in revenue to USD 133.7 million in the first quarter, Plug Power remains deep in the red. Although the gross margin improved from -132% to -55%, it continues to face massive challenges. At least the cash outflow declined significantly. A new cost-cutting program aims to achieve annual savings of over USD 200 million. CFO Paul Middleton underlined his confidence in the Company by purchasing 350,000 shares. In addition, the Company secured short-term liquidity through a credit line to avoid a further capital increase.

Last Friday's surprising upturn of more than 10% was fueled by several sources. The generally upbeat mood in the renewable energy sector also boosted Plug Power. This was compounded by confirmed production records and the confidence signal sent by the CFO's purchase. Technical buy signals and increased trading volume reinforced the effect. However, analysts remain cautious. They do not see this as a sustainable trend reversal but emphasize the continued high dependence on short-term news and general market sentiment. The share price is currently trading at USD 1.22.

The global economy is irreversibly shifting toward sustainability, driven by electromobility and green hydrogen. BYD is impressively demonstrating the power of the electric vehicle boom with record sales. dynaCERT is leveraging the tailwind from US market access and recognition of its CO2 certification methodology to advance its scalable retrofittable hydrogen system. Plug Power is showing initial operational progress with production records and financing initiatives, but remains in a state of upheaval. Those who are now boldly positioned, like these three, can benefit from the massive opportunities presented by this structural change.