BYD

BYD will build an NEV production facility in the Hungarian city of Szeged, which will be constructed in phases and is expected to create thousands of local jobs.

BYD plans to build a new factory to produce EVs and batteries in Szeged, southern Hungary, according to the Financial Times.

As of mid-December, Fang Cheng Bao had 120 directly-managed stores in 62 cities in China.

Gansu was hit by a 6.2-magnitude earthquake late last night, which has killed 105 people and injured 186 others.

BYD has caught up with Tesla's 17 percent share of the global BEV market in the third quarter and is expected to overtake Tesla as the global leader in the fourth quarter, Counterpoint Research said.

The Song L starts at RMB 189,800 and has received more than 28,000 pre-orders since pre-sales began on October 31.

The Dolphin was the top-selling all-electric vehicle in Thailand in November with 2,825 units sold, followed by the Atto 3 in 2nd place with 1,142 units sold, BYD said.

BYD sold 263,066 retail units in China in November, and Tesla 65,504.

CATL's share increased by 1.1 percentage points in November from October, while BYD's decreased by 3.5 percentage points.

The proposal is based on Wang Chuanfu's confidence in China's NEV industry and the company's prospects, as well as his recognition of BYD's value to boost investor confidence, BYD said.