han
BYD was founded in February 1995 and is headquartered in Shenzhen, Guangdong Province. Its industries cover four major fields: electronics, automobiles, new energy, and rail transit. It has established more than 30 industrial parks worldwide and achieved a strategic layout on six continents. There are eight major production bases in China, including Shenzhen, Xi'an, Changsha, Changzhou, Fuzhou, Hefei, Jinan, and Zhengzhou. On March 26, 2024, BYD released its 2023 annual report. During the reporting period, BYD achieved a revenue of 602.315 billion yuan, a year-on-year increase of 42.04%, a net profit attributable to the parent company of 30.041 billion yuan, a year-on-year increase of 80.72%, and a net operating cash flow of 169.7 billion yuan, both of which were historical highs. [319]
As BYD continues to expand into overseas markets, in the first half of 2024, BYD's sales of new energy passenger vehicles reached 1.607 million units, a year-on-year increase of 28.8%, making it a leading global new energy vehicle company. Among them, overseas sales exceeded 203000 units, a year-on-year increase of 173.8%. On July 4, 2024, BYD held a ceremony at its Thai factory and the production of its 8 millionth new energy vehicle in Rayong Province, Thailand. As of July 2024, BYD's new energy vehicles have spread to 88 countries and regions worldwide, with over 400 cities. Apart from Thailand, BYD has passenger car production bases in countries such as Brazil, Hungary, and Uzbekistan. On September 1st, major car companies announced their August performance report, with BYD's new energy vehicle sales reaching 373100 units, a year-on-year increase of 35.97% and a month on month increase of 8.97%, setting a new monthly sales record. On September 5th, BYD announced that its high-end brand, Wangwang Automobile, delivered 310 vehicles in August. So far, the cumulative sales of the brand have reached 8250 units. On September 14th, Shenzhen Tengshi New Energy Automobile Co., Ltd. underwent a business change, and Tengshi Automobile became a wholly-owned subsidiary of BYD. On September 25th, BYD's 9 millionth new energy vehicle rolled off the production line
BYD was founded in February 1995 and is headquartered in Shenzhen, Guangdong Province. Its industries cover four major fields: electronics, automobiles, new energy, and rail transit. It has established more than 30 industrial parks worldwide and achieved a strategic layout on six continents. There are eight major production bases in China, including Shenzhen, Xi'an, Changsha, Changzhou, Fuzhou, Hefei, Jinan, and Zhengzhou. On March 26, 2024, BYD released its 2023 annual report. During the reporting period, BYD achieved a revenue of 602.315 billion yuan, a year-on-year increase of 42.04%, a net profit attributable to the parent company of 30.041 billion yuan, a year-on-year increase of 80.72%, and a net operating cash flow of 169.7 billion yuan, both of which were historical highs. [319]
As BYD continues to expand into overseas markets, in the first half of 2024, BYD's sales of new energy passenger vehicles reached 1.607 million units, a year-on-year increase of 28.8%, making it a leading global new energy vehicle company. Among them, overseas sales exceeded 203000 units, a year-on-year increase of 173.8%. On July 4, 2024, BYD held a ceremony at its Thai factory and the production of its 8 millionth new energy vehicle in Rayong Province, Thailand. As of July 2024, BYD's new energy vehicles have spread to 88 countries and regions worldwide, with over 400 cities. Apart from Thailand, BYD has passenger car production bases in countries such as Brazil, Hungary, and Uzbekistan. On September 1st, major car companies announced their August performance report, with BYD's new energy vehicle sales reaching 373100 units, a year-on-year increase of 35.97% and a month on month increase of 8.97%, setting a new monthly sales record. On September 5th, BYD announced that its high-end brand, Wangwang Automobile, delivered 310 vehicles in August. So far, the cumulative sales of the brand have reached 8250 units. On September 14th, Shenzhen Tengshi New Energy Automobile Co., Ltd. underwent a business change, and Tengshi Automobile became a wholly-owned subsidiary of BYD. On September 25th, BYD's 9 millionth new energy vehicle rolled off the production line
