Search Results for "BYD"

Released data shows GWM ranks first among all self-independent brands in terms of sales volume in the first half of 2016, while the profit performance lags it behind. One main reason comes that its main force model, SUV, are in fierce competition, and the rising sales volume fails to bring up its profit.

With the launching of more alternative energy vehicles, BYD begins to expand the battery capacity. News media learned that BYD will invest RMB 11b to increase capitals of the subsidiary two companies, which will be used in the battery capacity expansion project. Battery capacity is expected to be expanded in the future and the research process of alternative energy vehicles will be further accelerated.

Governmental subsidizes on purchase of alternative energy vehicles of BYD, one of leading automakers in China, may decrease by 50%.