
China's BYD posts strong quarterly profit on EV sales surge
This is Beirut, 25/04 15:25 - Reading : 2 minute(s)
Donald Trump USA China economy
Chinese electric vehicle giant BYD reported strong first-quarter profits on Friday, propelled by surging sales as US rival Tesla struggles to maintain pace. China's EV market is the largest in the world, and BYD has emerged in recent years as the clear leader of the highly competitive sector, outperforming Tesla in annual revenue last year. The ...