(BRK.A), (BRK.B)
Berkshire Hathaway-backed BYD has officially launched its first hybrid pickup truck, the BYD SHARK, in Panama. This launch follows its successful debut in Mexico in May, signaling BYD’s growing commitment to expanding across Latin America. The SHARK also marks BYD’s entry into Panama’s hybrid vehicle market.
The BYD SHARK offers an impressive range of 840 kilometers (NEDC) with 100 kilometers of pure electric driving, making it ideal for both city commutes and long-distance travel. Its design combines technology and power, featuring the largest body size in its class and a shark-inspired exterior that redefines traditional pickup aesthetics.
Eduardo López de Victoria, Regional General Manager of BYD Central America and the Caribbean, highlighted the rising demand for pickup trucks in Panama, noting that the SHARK is tailored to meet both business and personal needs. He emphasized that the SHARK’s cutting-edge technology and user-friendly features aim to revolutionize the traditional fuel-powered pickup market.
The launch event featured a camping-themed test drive experience, where guests, media representatives, and influencers praised the SHARK’s performance. Currently, BYD operates two dealerships in Panama and plans to expand its sales network to provide better service for local consumers.
© 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.