BYD Co ( (HK:1211) ) has issued an announcement.
BYD Company Limited announced a significant increase in its production and sales volumes for February 2025, with new energy vehicle sales more than doubling compared to the previous year. The company reported a notable rise in both battery electric and plug-in hybrid vehicle sales, alongside a substantial increase in commercial vehicle production. This growth underscores BYD’s strengthened position in the new energy vehicle market, reflecting its strategic focus on expanding its global footprint and enhancing its production capabilities.
More about BYD Co
BYD Company Limited is a leading Chinese manufacturer in the automotive industry, primarily focusing on new energy vehicles (NEVs), including battery electric vehicles and plug-in hybrid electric vehicles. The company is also involved in the production of commercial vehicles and energy storage solutions, with a significant market presence both domestically and internationally.
YTD Price Performance: 43.91%
Average Trading Volume: 92,900
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $141.1B
Learn more about 1211 stock on TipRanks’ Stock Analysis page.