(BRK.A), (BRK.B)
Berkshire Hathaway-backed BYD has officially expanded into Suriname with the opening of its first dealership in the capital city, Paramaribo. The grand opening, a key step in the company’s South American growth, attracted nearly 300 attendees, including Suriname’s Vice President, Ronnie Brunswijk, and other local political and business leaders.
At the event, BYD introduced four electric vehicle models to the Surinamese market: the DOLPHIN, SEAL, YUAN PLUS, and SONG PLUS. These models offer eco-friendly transportation solutions with driving ranges from 400 to 1,100 kilometers, catering to the country’s growing demand for efficient, sustainable vehicles.
The company recently opened its first showroom in Dubai, inaugurated its Thailand plant in Rayong, and produced its 8 millionth new energy vehicle.
BYD’s new energy vehicles are now available in 88 countries and regions. The company has established passenger car production bases not only in Thailand but also in Brazil, Hungary, and Uzbekistan.
© 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 a 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.