BYD sees sales soar by more than half as Tesla hampered by Model Y relaunch

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BYD sees sales soar by more than half as Tesla hampered by Model Y relaunch

BYD global EV sales jumps 56% in the first two months of this year, potentially putting it in arms reach of Musk's carmaker.

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China’s EV Giant BYD Looks to Raise $5.2 Billion in Share Sale

China’s electric vehicle (EV) manufacturer BYD plans to raise $5.2 billion in a new share sale that would be the biggest such offering in Hong Kong in four years, Bloomberg News reported on Monday, citing the terms of the placement. The share sale will also be BYD’s largest raising of funds since the company was listed on the Hong Kong Stock Exchange in 2002, South China Morning Post reports. BYD aims to use the proceeds from the latest share pl…

The Korea Times

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Tesla's dominance in Korea challenged by cheaper EVs

BYD Korea has hit an unexpected snag after failing to meet the timeline for the delivery of its Atto 3 flagship electric SUV, as the vehicle did not pass an updated subsidy rule se...

Bloomberg

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BYD Maintains Fast Start to Year With Strong February Sales

BYD Co., China’s top-selling auto brand, maintained its strong start to the year, posting another jump in monthly sales in February as rivals only held ground or slipped back.

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Wang Chuanfu is the one who says that Chinese electric cars are in another dimension. Yes, we are talking about the CEO of BYD. According to him, Build Your Dreams is several years ahead of its competitors. Now that...

The Standard

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Chinese car makers' sales surge in February

Sales of Chinese electric vehicles rose last month as XPeng (9868) led the charge with a more than fivefold increase in sales. XPeng delivered 30,500 vehicles in the month, topping the 30,000 mark for a fourth consecutive month. Its peer BYD (1211) sold 322,846 cars, up 164 percent from the same...