Published 1 month ago

BYD’s profit soared 80% in the year the Chinese EV giant overtook Tesla - Boston News, Weather, Sports

Summary by Ground News

BYD reported a jump of more than 80% in profit in its first set of annual earnings since it stole Tesla's crown as the world's top seller of electric vehicles. Net profit almost doubled to 30 billion yuan ($4.2 billion) last year, from 16.6 billion yuan $2.3 billion in 2022, the Shenzhen-based company said.

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CNN

BYD’s profit soared 80% in the year the Chinese EV giant overtook Tesla

BYD reported a jump of more than 80% in profit in its first set of annual earnings since it stole Tesla’s crown as the world’s top seller of electric vehicles.

1 month ago·Atlanta, United States

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WHDH

BYD’s profit soared 80% in the year the Chinese EV giant overtook Tesla - Boston News, Weather, Sports

Hong Kong/London (CNN) — BYD reported a jump of more than 80% in profit in its first set of annual earnings since it stole Tesla’s crown as the world’s top seller of electric vehicles. Net profit almost doubled to 30 billion yuan ($4.2 billion) last year, from 16.6 billion yuan ($2.3 billion) in 2022, the Shenzhen-based company said Tuesday. That’s despite BYD operating in a “complex external environment,” it noted, citing high levels of inflati…

1 month ago·Boston, United States

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