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BYD revenue surges

China’s Shenzhen-based EV and battery company BYD has significantly increased revenue in 2021. At its annual press conference on Wednesday, the company announced that revenue increased by 38 percent – from ¥153 billion (€21.6 billion) in 2020 to ¥211 billion (€29.9 billion). BYD’s car revenue increased by 73.3 percent to 740,100 vehicles in the same period.

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