Buffett-Backed EV Maker BYD's Profit Grew 111% In First Quarter
Reuters
1 min read
Apr 28, 2021, 11:55 PM
Chinese electric vehicle maker BYD Co Ltd, which is backed by U.S. investor Warren Buffett, on Wednesday reported growth of 110.7% in first-quarter net profit.
BYD reported 237.4 million yuan ($36.61 million) net profit in the first three months this year, up from 112.6 million yuan a year earlier. Its revenue grew 108% year-on-year to 41 billion yuan in the first quarter.
Related News
Popular BYD Models
Latest Cars
Upcoming Cars
Latest News
car&bike Team | May 9, 2026Honda CB1000 Hornet SP Recalled In IndiaHonda has announced a voluntary recall for the CB1000 Hornet SP over issues related to the fuel feed hose routing and engine oil consumption.2 mins read
car&bike Team | May 9, 2026Ducati Panigale V4 Lamborghini Lands In India; Costs A Cool Rs 1.25 CroreIndia has received just one unit of the Ducati Panigale V4 Lamborghini, which is spoken for already.1 min read
car&bike Team | May 9, 20262026 Skoda Kodiaq: What’s New?Skoda has updated the 2026 Kodiaq with the addition of Level 2 ADAS, while some of the features previously reserved for the top-spec trim are now available on the mid-spec trim.2 mins read
car&bike Team | May 9, 2026Hyundai To Introduce 2 New SUVs In FY2027Hyundai has confirmed plans to launch two new SUVs in India during FY2027, including a locally developed compact electric SUV.2 mins read
car&bike Team | May 8, 2026Tata Nexon Pure+ PS Launched: India's First Car Under Rs 10 Lakh With Panoramic SunroofThe Pure+ PS trim is priced from Rs 9.59 lakh and sits above the standard Pure+ trim in the range.1 min read
car&bike Team | May 8, 2026Norton Manx R Prices, Variants, Specs Announced In The UKThe upcoming Norton Manx R is the flagship model from TVS-owned Norton Motorcycles, and it has been announced with four variants.2 mins read
Jafar Rizvi | May 3, 2026River Indie Gen 3 Long Term Report: 1 Month, 400 km AfterAfter a month and 400 km, the River Indie impresses with its utility-first approach, smooth ride and standout design, despite a few everyday usability compromises.8 mins read
Bilal Firfiray | May 2, 2026Volkswagen Taigun Facelift Review: Still The Driver’s SUV, But Improved!The updated Volkswagen Taigun gets a new 8-speed automatic, a refreshed design, and added features. But does it still deliver the best driving experience in the C-SUV segment?5 mins read
Shams Raza Naqvi | Apr 29, 2026Toyota Innova Hycross Vs Mahindra XEV 9S: Choosing The Right Three Row Family MoverIn a battle of three-row cars the electric Mahindra XEV 9S takes on the Toyota Innova Hycross. Which one ticks more boxes?1 min read
Janak Sorap | Apr 26, 2026BMW F 450 GS First Ride Review: Almost A Proper GS With Big Bike DNANew 420cc twin, premium build, feature-loaded and Easy Ride Clutch — but does it deliver where it truly matters?8 mins read
Seshan Vijayraghvan | Apr 25, 20262026 MG Majestor Review: Bold, Feature-Packed And Off-Road ReadyWe spent time with the MG Majestor to see how much of an improvement it is over the Gloster, and whether it can take on the segment leader – Toyota Fortuner.9 mins read