BYD's first-quarter profit doubles

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BEIJING :BYD's first-quarter profit leapt 100.4 per cent from a year earlier, the fastest pace in nearly two years, as the Chinese electric vehicle giant extends its lead in its competitive home market by launching a smart EV price war.Net profit totalled 9.2 billion yuan ($1.

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FILE PHOTO: The logo of BYD is pictured on an electric car at a dealership in Reze near Nantes, France, March 27, 2025.

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Article Details

Category: EconomyBusiness

Markets: SingaporeChinaFrance

Topics: Experience File Electric Cent Profit Yuan Billion Photo: Quarter 2025 Mediacorp

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-25 @ 18:14:46 (1 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 192 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 13 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 28206258

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