Bangkok – The Chinese manufacturer of electric vehicles ByD registered a record of 777.1 billion yuan ($ 107 billion) in revenue last year, since its sales of electric vehicles and battery hybrids increased by 40%.
The report on Monday night coincided with the launch of ByD earlier this week of its Qin L Ev sedan, an medium -sized model similar to Tesla model 3 but just over half of the price. Tesla’s revenues were almost $ 97.7 billion.
The net profit of byd last year was about 40 billion yuan ($ 5.6 billion), 34% more than the previous year.
Last week, the company announced that it was implementing a SUPER FAST EV LOAD SYSTEM That says it is almost as fast as a filling in the pumps.
The shares quoted in Hong Kong of ByD fell 3.2% on Tuesday, despite their optimistic profit report.
The participation of the lion, almost 80%, of the sales of ByD last year related to its automotive businesses. Byd reported that he sold around 4.3 million electric vehicles and pure hybrids last year.
Almost 29% of the company’s sales were in markets outside the Gran China, including Hong Kong and Taiwan, last year, a little more than 27% of the previous year.
The automobile manufacturer has quickly expanded Its exports, although it has not yet tried to sell in the United States, where the president of the United States, Donald Trump, has pledged to increase tariffs on car imports. Byd faces a 17% rate on exports from EV to the European Union.
