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Wang Chuanfu: 1 in Every 3 NEVs Sold in Thai Is BYD

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2024-07-04 14:35

BYD COMPANY (01211.HK) Chairman Wang Chuanfu said at the completion of the Thailand factory and the roll-off of assembly line of the 8 millionth new e...

  BYD COMPANY (01211.HK) +5.400 (+2.346%) Short selling $155.94M; Ratio 34.715% Chairman Wang Chuanfu said at the completion of the Thailand factory and the roll-off of assembly line of the 8 millionth new energy vehicle (NEV) that BYD officially tapped into the Thai market in 2022, and in the 18 months since January 2023, BYD has been the top-selling NEV brand in Thailand, with one in every three NEVs sold being a BYD, Chinese media reported.

  In addition, he revealed that it took only 16 months from the start of construction to the completion of BYD's Thai factory. The plug-in hybrid model will also be introduced in Thailand in the future.

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  BYD's shares last traded at $235.4 in HK, up 2.26%, with 2.493 million shares traded, involving $586 million.

  (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-04 12:25.)

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