BYD’s New Auto Insurance Business Earns $2.6 Million in 1st Half of 2024

. But did you know that BYD, the largest plugin vehicle producer in the world*, also now sells its own car insurance?writes. Removing costs, that led to RMB 18.46 million in net income.The BYD background story is a bit interesting. “The China Banking and Insurance Regulatory Commission approved BYD’s acquisition of 100 percent of E An Property & Casualty Insurance Co Ltd on May 6, 2023.

“BYD Property & Casualty was authorized to conduct insurance business in several regions in May this year, marking the operation of BYD’s insurance business unit is officially on track.”

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

China & US Auto Market — Chinese Auto Disrupting Everyone ElseIn this article, I'm analyzing at a high level what is happening to the auto industry across propulsion types.
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