Tag: Chinese automaker BYD

BYD

BYD’s Remarkable Q3 Performance: Anticipated Doubling of Net Profit Signals China’s Electric Vehicle Giant’s Unstoppable Growth

THE ASIA LIVE - October 18, 2023
Chinese electric vehicle company BYD expects its third-quarter net profit to double due to robust sales and effective cost control. The company predicts a net profit of between 9.55 billion yuan ($1.31 billion) and 11.55 billion yuan for the July...
Chinese automaker BYD

Chinese automaker BYD made mistake in paying taxes!

THE ASIA LIVE - August 3, 2023
Chinese automaker BYD is under investigation by the Directorate of Revenue Intelligence (DRI) over allegations of underpaid taxes on imported parts used in assembled cars sold in the country, reports the news agency Reuters. The DRI claims BYD, China's biggest...