China’s BYD to post huge jump in 2023 profit amid record EV deliveries

China’s BYD to post huge jump in 2023 profit amid record EV deliveries

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BYD, backed by Warren Buffett’s Berkshire Hathaway, handed 3.02 million pure electric and plug-in hybrid vehicles to customers at home and abroad in 2023, up 62.3 per cent from the previous year. Most of its cars were sold in mainland China, with 242,765 units, or 8 per cent of its total…

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