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newsMar 27, 20261:34

BYD's EV Sales Surge, Profits Dip

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BYD, Chinas top EV maker, hit record revenue but profits dropped as domestic sales slowed. With rivals gaining ground and subsidies scaled back, BYD is launching new models and expanding into higher-margin markets to boost profits. Rising oil prices could also fuel global EV demand, benefiting BYDs share price.

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BYD's EV Sales Surge, Profits Dip

Canada News Today | 2 Min News | The Daily News Now!

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