Shares of Chinese EV Maker BYD Jump After Exec Says Company Is Set to Supply Batteries to Tesla

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

A senior executive at China’s BYD said during a Chinese state media interview that the firm is poised to supply Tesla with batteries “very soon.”

, because we're preparing to supply batteries to [Tesla] very soon," BYD Vice President Lian Yubo said during an interview with Chinese state media anchor Kate Kui.

Rechargeable batteries and photovoltaic made up 7.29% of BYD's revenue pool in 2021, dwarfed by the more than 50% share taken up by automobiles and related products, according to the company's latest annual report.Download NBC 5 Dallas-Fort Worth

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 288. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines