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11/2（一）
What keeps China’s top carmakers growing as smaller EV riva…
China’s two largest carmakers, BYD and Geely Auto, recorded their strongest monthly sales of the year in October, bucking a downward trend in the world’s largest automotive market as smaller rivals come under increasing pressure to turn a profit. Shenzhen-based electric vehicle (EV) giant BYD handed over 490,168 cars to customers at home and abroad last month, up 11 per cent year on year, while Hangzhou-headquartered Geely delivered 310,183 petrol and electric cars worldwide in the same period,...
#Electric & new energy vehicles#Geely#Automotive industry#BYD#China manufacturing#Future of transport
南華早報10/29（四）
BYD, Geely report profit jump in third quarter, even as loc…
China’s two largest carmakers, BYD and Geely Auto, reported a jump in their third-quarter earnings, propelled by surging overseas sales as they intensified pressure on established international marques in Europe and Southeast Asia. BYD, mainland China’s largest automotive group, posted a net profit of 10 billion yuan (US$1.5 billion) in the three months ending September, up 28 per cent from the same period a year earlier. Revenue grew 13.6 per cent to 211.5 billion yuan. Geely said on Thursday...
