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Chinese Electric Vehicle Giant BYD Posts Record Profits, Overtakes Volkswagen in China

Chinese Electric Vehicle Giant BYD Posts Record Profits, Overtakes Volkswagen in China

In a remarkable display of growth and resilience, Chinese electric vehicle (EV) maker BYD has posted a staggering 73.1% surge in profits for the final quarter of 2024, achieving a record 15 billion yuan in earnings. The company’s revenue reached an impressive 274.9 billion yuan, while its full-year profit climbed to 40.3 billion yuan, reflecting […]