Expansion PlansBYD is planning to set up its first India EV factory near Hyderabad, with an aim to produce 600,000 cars yearly by 2032, indicating a significant growth opportunity.
Financial PerformanceBYD's 4Q24 net profit exceeded estimates at Rmb15,016 million, showing a 73% increase year-on-year.
Market LeadershipBYD is the leading EV manufacturer in China and globally, delivering 4.27 million units in 2024, highlighting its strong market position.