The fast-rising Chinese automotive brand BYD continued its play for global new energy vehicle (NEV) leadership in Q2 2024. The automaker reported a net income of CN¥9.06bn (US$1.28bn) for the quarter, its second highest on record behind CN¥10.4bn in Q3 2023. This sum represents a 32.8% rise year-on-year and a 98.3% increase on the previous quarter.
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Already a member?
