(BRK.A), (BRK.B)
BYD, backed by Berkshire Hathaway, reported impressive sales figures for November, with 506,804 new energy vehicles (NEVs) sold. This marks a 67.87% increase year-on-year and a modest 0.83% rise compared to October.
From January to November 2024, BYD’s cumulative NEV sales reached 3,837,632 units, reflecting a robust 40.25% growth year-on-year. The figures highlight BYD’s continued dominance and rapid expansion in the NEV market.
© 2024 David Mazor
Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway and BYD, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.