Smart and Sustainable Electric Mobility
BYD said this is due to the imminent expiration of China's NEV purchase subsidies, as well as a significant increase in the prices of key raw materials.
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Auto Nejma said it will aim to invest in the coming months to promote the BYD brand in the main cities of the kingdom.
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BYD's sodium-ion batteries will first be featured in some versions of the Qin EV, Dolphin and new model Seagull, a local media report said.
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Rumors have previously suggested that BYD's new personalized brand to be launched in 2023 will target the pickup truck market.
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Nobina has more than 300 BYD all-electric buses in its fleet, or on order, operating in towns and cities in Sweden, Norway and Finland.
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BYD's new personalized brand to be launched next year may target the pickup truck market, with its first models featuring hybrid and pure electric powertrains, according to local media.
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The BYD production site that caught fire was mainly used for the electronics business. No one was killed or injured in the accident.
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BlackRock has reduced and increased its holdings in BYD Hong Kong shares several times in the second half of the year.
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The two models, Song and Yuan, will be imported until operations begin at BYD's new plant in the northeastern state of Bahia.
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