Chinese electric vehicle giant BYD sees record profit for 2023
BEIJING (AFP) - Chinese battery and automotive giant BYD achieved a record profit in 2023, annual results showed Tuesday, despite fierce competition in the country as demand for electric vehicles grows.
The Shenzhen-based company is now moving quickly overseas, including into countries in Southeast Asia but also further afield in Latin America and Europe, as a price war continues to be waged in China, the wo