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BYD’s first-half profit rises 24% on strong electric vehicle, mobile phone parts and assembly businesses


BYD’s first-half profit rises 24% on strong electric vehicle, mobile phone parts and assembly businesses

(Yicai) Aug. 29 — Chinese auto and battery giant BYD said its net profit rose more than 24 percent in the first half, driven by solid performance of its electric vehicle components and assembly and mobile phone businesses. Net profit topped CNY13.6 billion (US$1.9 billion) in the six months ended June 30, compared with CNY11 […]

BYD aims for 50% overseas sales increase after reporting strong half-year results | World News


BYD aims for 50% overseas sales increase after reporting strong half-year results | World News

Stella Li Photographer: Mariceu Erthal/Bloomberg 4 minutes reading time Last updated: August 28, 2024 | 6:03 p.m. IS BYD Co. expects overseas shipments to account for nearly half of total sales in the future, suggesting the company will continue to build global manufacturing centers to avoid high tariffs. China’s top-selling automaker reported a 33 percent […]

Chinese electric car giant BYD hopes “almost half” of its sales will come from overseas


Chinese electric car giant BYD hopes “almost half” of its sales will come from overseas

China’s top-selling automaker BYD Co. expects overseas shipments to account for nearly half of total sales in the future, suggesting the company will continue to build global manufacturing centers to avoid high tariffs. “Our foreign market will account for a relatively large proportion of our global sales in the future,” Executive Vice President Stella Li […]

More than half of all new cars sold in China in July had a plug


More than half of all new cars sold in China in July had a plug

Sign up for daily email news updates from CleanTechnica. Or follow us on Google News! The headline says it all. Sales of plug-in hybrid and electric cars accounted for more than half of all new car sales in China in July, up 37 percent from the same month last year. The only other country to […]