Home Business BYD SALE SURGE 29% Hybrid cars in strong Chinese demand

BYD SALE SURGE 29% Hybrid cars in strong Chinese demand

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BYD SALE SURGE 29% Hybrid cars in strong Chinese demand


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China Electric Vehicle Champion BYD defeated expectations with a 29 percent sale behind the strong demand for plagin hybrids in the domestic market.

In the group supporting Warren Buffett, revenues rose to the first $ 100 billion in RMB777BN ($ 107 billion). Analysts questioned by Bloomberg predicted $ 766 billion.

The growing exports also helped sales numbers. Net income rose to 34 percent RMB40BN.

The Chinese company, where foreign sales rose from 400,000 to more than 400,000 vehicles last year, grew that the expansion plans have made further expansion plans to expand the fund.

In January and February, the BYD, which made about 16 percent of the cars exported from China, builds factories in Europe and South America.

Last week’s founder Wang Chuanfu, strong numbers come after the new battery filling system, which allows customers to fill the EVS in five minutes.

Since the beginning of the year, the Shenzhen-based company introduced home technology, including home technology, including home technology to make the model line more attractive.

The shares listed in BYD’s Hong Kong on Monday are 3 percent high. The shares caused more than 50 percent this year, to increase 34 percent of 34 percent to Tesla.

However, BYD’s market capitalization remains less than one in five American opponents.



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