Chinese EV giant BYD posts slowest quarterly profit growth in two years

Chinese electric vehicle giant BYD reported an 18.6 per cent rise in fourth-quarter profit on Tuesday, its slowest since the first quarter of 2022, as EV sales lost momentum in the world’s biggest auto market amid a brutal price war. Net profit totalled 8.67 billion yuan ($1.20-billion) in the…#byd
Source: Reuters: Health - Category: Consumer Health News Source Type: news