China's BYD Reports Strong Q1 Profit Amid EV Sales Boom

This is Beirut, 25/04 14:10 - Reading : 2 minute(s)

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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 ...