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BYD Co ( (HK:1211) ) has issued an update.
BYD Company Limited reported a substantial increase in production and sales volumes for January 2025, with notable year-on-year growth in new energy vehicle sales. The company achieved a 59.48% increase in production and a 49.16% increase in sales compared to January 2024, highlighting a strong performance in particularly the plug-in hybrid electric vehicle segment which saw a growth of 105.93% in production volume. This growth reinforces BYD’s position in the new energy vehicle market, benefiting stakeholders and aligning with global trends towards sustainable transportation.
More about BYD Co
BYD Company Limited, a joint stock company incorporated in the People’s Republic of China, operates in the automotive industry. It specializes in manufacturing new energy vehicles, including passenger vehicles, battery electric vehicles, and plug-in hybrid electric vehicles, with a significant market focus on both domestic and overseas sales.
YTD Price Performance: 5.10%
Average Trading Volume: 60,813
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $105B
For an in-depth examination of 1211 stock, go to TipRanks’ Stock Analysis page.
