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BYD’s Low-Priced EVs Make Major Inroads in China’s Market

Por: MarketWatch Business January 03, 2023

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BYD is notable for U.S. investors in two ways. It’s China’s largest EV maker and China is the world’s largest market for new cars and new EVs. What is more, Warren Buffett ‘s ( ) of BYD’s Hong Kong-listed stock. BYD stopped producing gasoline engine-only cars early in 2022, pursuing an all-electrified strategy. It worked. BYD’s 2022 electrified market share in China is almost 30%, up roughly 10 percentage points compared with 2021.... + full article



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