BYD

BYD is building a new sedan for each of its Dynasty series and Ocean series, according to local media.

BYD's 1,557 EV patent applications in China are twice as many as Geely's 870 applications.

Berkshire Hathaway's stake in BYD fell to 16.62 percent from 17.92 percent.

BYD's patent images show the possible design of the front and rear of its premium brand's off-road SUV.

The job descriptions for these positions suggest that Yangwang will target high-end consumer groups and place extra emphasis on user operations.

It took BYD 13 years to reach its first 1 million NEVs produced, and a year and a half to see that number increase from 2 million to 3 million.

BYD was the top auto brand in China in terms of retail sales for the fourth consecutive month this year.

The brand's official launch is expected in the first quarter of 2023, when its first hardcore off-road model will be unveiled.

The first model of BYD's premium brand is expected to be a hardcore crossover model priced at RMB 1 million or more.

Berkshire sold these shares on November 1 to cash out HK$560 million, reducing its stake in BYD to 17.92 percent.