On March 26, BYD unveiled its 2023 annual financial report, demonstrating the company's strong financial performance. According to the report, BYD achieved a total revenue of 602.3 billion yuan, marking a 42% year-on-year increase, with a net profit of 30 billion yuan, representing an impress...
In the same time span, BYD's gross profit zoomed up by around 68.53% year on year to roughly 121.757 billion yuan. Its gross profit margin climbed to 20.21% in 2023 from the 17.04% in 2022. The Group mainly attributed the year-on-year increases in its annual revenue, profit, and gross...
In the same time span, BYD's gross profit zoomed up by around 68.53% year on year to roughly 121.757 billion yuan. Its gross profit margin climbed to 20.21% in 2023 from the 17.04% in 2022. The Group mainly attributed the year-on-year increases in its annual revenue, profit, and gross...
In December 2023, BYD achieved sales of more than 300,000 passenger cars globally, contributing to a significant 61.9% increase in sales compared to 2022. Additionally, BYD was listed among the global top 10 car sales for the first time in 2023, with a 334.2% increase in car exports, reac...
BYD expected net income of up to RMB31 billion for the year 2023, but the new annual record slowed down significantly compared with 2022, when BYD profit had a jump of 446%. BEIJING, January 30 (TMTPost)-- BYD Co. Ltd. Cemented its leadership in electric vehicle (EV) sector in the ...
Shanghai (Gasgoo)- BYD Company Limited ( " BYD " or " the Group " ) announced its semi-annual financial results for 2024, reporting revenue of 301.127 billion
Analysts gneratlly anticipated BYD would sell around 4 million vehicles in the year 2024, about 17.3% from last year. Looking forward this year, BYD expected at its annual report of 2023 that 2024 will witness the NEV industry in China remain stellar growth, sales top 100 million units and...
409 full-electric vehicles in the last quarter of 2023, over 41,900 vehicles higher than sales of Tesla the same period. While Tesla was still ahead of BYD for the full year, it was overtaken by BYD in terms of annual growth. BYD sold nearly 1.6 million BEVs in 2023, surging more ...
The goal would put BYD almost at par with Ford Motor which ranked sixth by global sales in 2023 with 4.4 million vehicles sold. BYD attributed the extra sales growth to this year's introduction of new models with its latest plug-in hybrid technology known as DM-i...
Analysts gneratlly anticipated BYD would sell around 4 million vehicles in the year 2024, about 17.3% from last year. Looking forward this year, BYD expected at its annual report of 2023 that 2024 will witness the NEV industry in China remain stellar growth, sales top 100 million units and...