Tesla Rival BYD Delivers Over 700K EVs in Q2

Benzinga 2023-08-29

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Chinese electric vehicle maker BYD saw its shares jump in both Hong Kong and Shenzhen stock exchanges after reporting a 204.68% increase in its first-half net profit for 2023 compared to last year. BYD delivered over 700,000 new energy vehicles in the second quarter alone, a 98% increase year-on-year, cementing its position as China's top-selling electric vehicle brand.

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