Chinese EV Giant BYD's Profit Surges More Than 400%

BYD has achieved significant earnings and profitability despite a traditionally weak season, becoming China's best-selling car brand. The company is expanding aggressively into international markets, including Europe, Latin America, and Asia, while releasing new, higher-priced models. Analysts are optimistic about BYD's margins, which are expected to improve further due to ambitious sales targets and falling input prices like Lithium. BYD's vertically integrated supply chain, including in-house battery and chip production, allows it to control costs effectively, giving it an advantage over competitors during supply shortages.

What are the expectations for BYD's margins and revenue in the coming year?

How have changes in input prices for batteries affected BYD's business?