Chinese electric vehicle giant BYD increased production by nearly 200,000 units from August to October.
At the same time, it has hired close to 200,000 new workers in auto and component manufacturing, Executive Vice President He Zhiqi said on Weibo on Saturday.
BYD posted an 11.5% rise in net profit in the third quarter as it maintained strong sales momentum.
Revenue for the July-September period rose 24% year-on-year to 201.1 billion yuan ($28.24 billion), marking BYD’s first clear quarterly revenue win over Tesla since the Chinese automaker ceased production vehicles with only a gasoline engine in 2022.
Source: Seebiz.eu
Photo: Archive / BYD
Source: autoblog.rs
