A fleet of BYD-made vehicles seen in front of a parking tower at the company’s headquarters in Shenzhen. Photo: Bloomberg
A fleet of BYD-made vehicles seen in front of a parking tower at the company’s headquarters in Shenzhen. Photo: Bloomberg

BYD stock logs best rally since March after Tesla rival flags potential tripling in earnings as sales defy economic gloom

  • BYD shares have risen almost 10 per cent over two days, the best rally since mid-March, after profit alert
  • Chinese carmaker overtook Tesla as the biggest EV maker by unit sales in June

A fleet of BYD-made vehicles seen in front of a parking tower at the company’s headquarters in Shenzhen. Photo: Bloomberg
A fleet of BYD-made vehicles seen in front of a parking tower at the company’s headquarters in Shenzhen. Photo: Bloomberg
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