BYD profits from plug-ins.
BYD made 50 percent of its profit from alternative energy vehicles last year (69,222 units sold). Moreover, 81% percent of those are plug-in hybrid passenger cars. The company’s net profit soared 553% in 2015, amounting to 2.8bn yuan (430m dollars). In 2014, alternative energy vehicles accounted for about a quarter of the profit.
autonews.gasgoo.com
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