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BYD Reports Strong Growth in EV Production and Sales

BYD Co (HK:1211) has released an update.

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BYD Company Limited announced a significant increase in production and sales volumes for December 2024, with a 41% year-on-year growth in new energy vehicles. The company produced and sold over 4.3 million and 4.2 million units respectively, highlighting a robust demand for both battery electric and plug-in hybrid vehicles. This growth trend underscores BYD’s strong position in the rapidly expanding electric vehicle market.

For further insights into HK:1211 stock, check out TipRanks’ Stock Analysis page.

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