EV Maker BYD's May Production, Sales Volume More Than Doubles

by Shivani Kumaresan, Benzinga Staff Writer

June 1, 2023 10:46 AM | 1 min read |

Chinese electric vehicle maker BYD Company BYDDY registered a production increase of 108.4% year-on-year to 246,259 vehicles in May 2023.
The sales for the month jumped 109% Y/Y to 240,220 vehicles.
Production of battery electric vehicles soared 121% to 126,091 vehicles and sales jumped 124% to 119,489 units.
Year-to-date production rose 99% to 1,022,890 vehicles, and sales increased 97.6% to 1,002,591 million units.
Also Read: Warren Buffett-Backed EV Maker BYD To Make EVs In Vietnam
Price Action: BYDDY shares are trading higher by 0.33% at $60.53 on the last check Thursday.