BYD - where do you stand in the EV world?
Who is BYD? BYD is probably the most vertically integrated EV maker in the world. BYD overtook LG Energy Solution to become the world's No. 2 battery maker in July. BYD NEV quarter sales till Q3/2022 - CNEVPOST Recent news about BYD (in June 2022) In January this year, BYD invested an additional RMB 20 billion to build the second phase of the auto industrial park, according to Shenzhen Economic Daily. The investment in the two phases of the project will total RMB 25 billion, and the annual output value is expected to exceed RMB 100 billion when all production is reached, according to the report. BYD stopped production and sales of traditional internal combustion engine (ICE) vehicles in March to focus on battery electric vehicles (BEVs) and plug-in hybrid vehicles (PHEVs). It sold 114,943 vehicles in May, marking the third consecutive month of more than 100,000 units. From January to May, BYD sold 507,314 units, up 348.11 percent from 113,213 units in the same period last year. BYD...