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BYD denies it will raise prices after rumor sparked widespread buzz
BYD's pure electric vehicle models will increase in price by RMB 10,000 and plug-in hybrid models will rise by RMB 6,000, local media reported earlier.
Denza D9 MPV expected to start deliveries at end of Sept, exec expects 10,000 deliveries in Dec
The Denza D9 is expected to deliver more than 3,000 units in October and 5,000-7,000 units in November, an executive said.
BYD Aug sales breakdown: Song 42,500 units, Qin 39,512 units
BYD's flagship Han family of sedans sold 26,003 units in August, while the flagship Tang family of SUVs sold 10,815 units.
BYD sells 174,915 NEVs in Aug, another record high
BYD's vehicle deliveries in August were impacted by power constraints and Covid outbreaks. The company is aiming for 280,000 units of monthly deliveries by the end of the year.
Buffett sells additional 1.7 million BYD shares after first move late last month
Berkshire reduced its stake in BYD to 18.87 percent on September 1 after cutting its holdings by 1.716 million BYD H shares.
BYD's order backlog reaches 700,000 units, aims for 280,000 monthly deliveries by year-end
The latest US subsidy bill is discriminatory, and if the US government insists on this policy, BYD will consider temporarily abandoning the US market.
BYD says no need to over-interpret after Buffett's holdings cut sends shares plummeting
As of press time, BYD's shares traded in Hong Kong were down more than 11 percent and those traded in Shenzhen were down about 8 percent.
Berkshire sold 1.33 million shares of BYD traded in Hong Kong on Aug 24
Following the move, Berkshire Hathaway's stake in BYD fell from 20.04 percent to 19.92 percent.
BYD earnings beat expectations, here's what analysts say
An increase in vehicle prices and an upward pivot in its product sales mix are seen as the main reasons why BYD beat earnings estimates in the second quarter.
BYD's Q2 net profit soars 245% from Q1 to about $400 million
BYD reported basic earnings per share of RMB 1.24 in the first half of the year, which was at the upper end of the previously previewed range of RMB 0.96 to RMB 1.24.
