Warren Buffett-backed BYD to Trump’s Elon Musk’s Tesla continues on deliveries – BYD (OTC: BYDDF), BYD (OTC: BYDDY)

Warren BuffettThe supported Chinese EV giant BYD partner (OTCPK: BYDDY) (OTCPK: BYDDF), reported a jump in sales last month.

What happened: Battery electric vehicle shipments for the month of June were up 84.3% from a year earlier and 7.2% month over month to 128,196 units.

Hybrid-electric vehicle sales rose to 123,489 units from 64,218 year-over-year, with total passenger vehicle sales increasing 88.2% to 251,685 units.

ENTER TO WIN $500 STOCK OR CRYPTO

Enter your email and you’ll also get the Ultimate Benzinga Morning Update, a FREE $30 Gift Card and more!

Production numbers were similarly up, with production of the battery EV and plug-in hybrid electric vehicle up 86.1% and 87.6% from a year earlier, respectively.

The company’s overseas sales volume of new energy passenger cars rose to 10,536 units, compared with 10,203 units in May. However, the numbers are still lower than those from earlier this year — the company reported overseas sales volume of 15,002 units in February.

why does it matter: In all, BYD delivered 1,255,637 new energy vehicles year-to-date in June. The numbers stand higher than US electric car giant Tesla, which delivered 889,015 as of the end of the same period. However, Tesla only makes battery electric cars.

BuffettHowever, its stakes in the Chinese electric car maker have been steadily reduced. Berkshire HathawayBYD’s stake is now 8.98%.

Check out more coverage of Benzinga Future Of Mobility by following this link.

Read more: Lordstown Motors receives notice of a Nasdaq delisting after filing for bankruptcy

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Leave a Reply

Your email address will not be published. Required fields are marked *

xxx dilli bdsmporntrends.com porn sites indian irani tits hotmoza.tv xvideo milf افلام سكس فى الطيز mainasiantube.com افلام سكس مدبلجة x videos romantic pelisporno.org hd sex dino www xxvideocom indianhardfuck.net xnxx indian students mr jatt video tubeus.mobi xnxx sleeping sister بز مصرى thevael.com اخت تعلم اخوها النيك full metal alchemist hentai series-hentai.net crossdressing trap hentai 杠えな tomodachinpo.mobi 激かわツインテール姿のもえちゃんとセーラー着衣sex♡ goaporn pornhan.mobi sunny leone sex scenes girl meat hentai hentai4you.org food wars comic porn اجمل مهبل pacrat.org النيك tamil nadu sex movie pornolife.mobi monalisa hd malayalamsexvedio chuporn.net desi gay porn vedio hotsexbhabi matureporntrends.com bf hindi video film