AutoGear
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語
  • STANDINGS
No Result
View All Result
AutoGear
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語
  • STANDINGS
No Result
View All Result
AutoGear

BYD’s profit grows 34% in 2024.

Virgilio Machado by Virgilio Machado
March 25, 2025
in Latest News
Reading Time: 2 mins read
0
BYD apresenta a “Super e-Plataform” que permite carregamento tão rápidos como o abastecimento a gasolina

BYD, the world’s leading manufacturer of new energy vehicles (EV and PHEV) and electric batteries, announced this Tuesday that it achieved a net profit of ¥40.254 billion (€5.138 billion) in 2024, a growth of 34% compared to 2023.

In the results submitted to the Hong Kong Stock Exchange, where it is listed, the company also reported a 29% annual increase in revenue, reaching ¥777 billion (over €99 billion).

The net profit recorded by BYD in 2024 is the highest in the company’s history and exceeds analysts’ expectations, who did not anticipate it would surpass ¥40 billion.

The company also announced that revenues from vehicles and related products amounted to approximately ¥617.382 billion (almost €79 billion), representing a year-on-year increase of 27.7%.

BYD maintained its status as the leader in the Chinese electric vehicle sector last year, selling 4.3 million electric and hybrid vehicles worldwide, a record number in the segment, despite strong competition in its domestic market.

Additionally, BYD became the first global automotive brand to produce over 10 million vehicles. It is noteworthy that BYD took 15 years to produce its first five million new energy vehicles, achieving the next five million in just 15 months. This fact highlights the company’s strategic focus on sustainable mobility and its continuous technological advancement.

By 2025, the company intends to accelerate its international expansion, with plans to start producing electric cars by the end of 2025 at BYD’s first factory in Europe, located in Hungary.

Tags: BYDcarros elétricosChinesahíbridosLucros 2024mobilidade elétricaVendas 2024
Share212Tweet133Send

Related Posts

Xiaomi utiliza melancia para mostrar a resistência da bateria do SU7 Ultra
Latest News

Xiaomi delivers 300,000 vehicles in 15 months.

Xiaomi is a true success in the world's largest automotive market, China, as the brand has now announced that it...

by Virgilio Machado
July 10, 2025
Cupra atualiza Formentor e Leon com mais tecnologia e nova cor
Latest News

Cupra updates Formentor and Leon with more technology and a new color.

Cupra has decided to update the Formentor and the Leon with a set of cutting-edge solutions that enhance the bold...

by Virgilio Machado
July 10, 2025
Vendas da Polestar crescem 38% no segundo trimestre
Latest News

Polestar sales grow 38% in the second quarter.

Polestar announced this Thursday that it recorded an estimated volume of 18,049 vehicles sold in the second quarter of 2025,...

by Virgilio Machado
July 10, 2025
Xiaomi revê em alta estimativas de vendas do SU7 para 2024
Latest News

Xiaomi is developing solid-state batteries.

Xiaomi has already announced that it is considering marketing its 100% electric models, which are a sales success in China,...

by Virgilio Machado
July 10, 2025

Recent News

Xiaomi utiliza melancia para mostrar a resistência da bateria do SU7 Ultra

Xiaomi delivers 300,000 vehicles in 15 months.

July 10, 2025
Cupra atualiza Formentor e Leon com mais tecnologia e nova cor

Cupra updates Formentor and Leon with more technology and a new color.

July 10, 2025
Jonathan Wheatley: The Mastermind Behind Sauber’s Resurgence Who Almost Ruled Red Bull

Jonathan Wheatley: The Mastermind Behind Sauber’s Resurgence Who Almost Ruled Red Bull

July 10, 2025
Laurent Mekies Unleashed: Revamping Red Bull’s F1 Future Amid Max Verstappen Drama

Laurent Mekies Unleashed: Revamping Red Bull’s F1 Future Amid Max Verstappen Drama

July 10, 2025

Newsletter

  • PRIVACY POLICY
  • TECHNICAL INFORMATION
  • EDITORIAL STATUS
  • TERMS AND CONDITIONS

© 2023 AutoGear - Todos os direitos reservados AutoGear.

No Result
View All Result
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語

© 2023 AutoGear - Todos os direitos reservados AutoGear.

Enable Notifications OK No thanks