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
Bilal Firfiray | Mar 11, 2026Mercedes-Benz CLA Electric To Be Launched In Two Trims; Expected Prices To Start At Rs 55 LakhAhead of the April launch, Mercedes-Benz has announced the new CLA Electric will also be offered in a 200 Standard Range, apart from the 250+ Long Range version.1 min read
car&bike Team | Mar 10, 20262026 Hyundai Verna: Variants, Features, Prices ExplainedThe MY26 Verna is offered in six trim levels, 2 engine options and three transmission choices. Here is a rundown on what each variant has to offer.3 mins read
Amaan Ahmed | Mar 10, 2026Renault Bridger Sub-4M SUV Concept Unveiled: Mini Duster To Arrive In 2027 With Hybrid, EV OptionsAfter the Duster and a new 7-seat SUV, Renault will unleash its second product in India's subcompact SUV market, which has been previewed by the handsome Bridger concept.1 min read
car&bike Team | Mar 10, 2026Hyundai Venue HX8 Diesel Automatic Variant Launched At Rs 13.70 LakhHyundai has introduced a new HX8 diesel automatic variant for the Venue at Rs 13.70 lakh while announcing that the subcompact SUV has crossed 1 lakh bookings.1 min read
car&bike Team | Mar 10, 2026Royal Enfield Meteor 350 Crosses 6 Lakh Sales In 5 YearsSince its launch in November 2022, the Royal Enfield Meteor 350 has crossed the 6 lakh sales milestone, making it one of the most popular models from the brand.1 min read
Jafar Rizvi | Mar 10, 2026Mahindra BE 6 Batman Edition: Company Addresses Concerns Over Exclusivity; Confirms 999 More Units For 2026The carmaker has faced some backlash online after relaunching the BE 6 Batman Edition, with buyers of the first lot questioning the exclusivity promised to the initial buyers of the limited-run SUV.1 min read
Seshan Vijayraghvan | Mar 10, 20262026 Mercedes-Benz CLA Electric Review: It’s Properly Good!The CLA moniker has returned but in an electric avatar. As impressive as it is, can this baby EQS become a success story?9 mins read
Bilal Firfiray | Mar 9, 2026Citroen C3X Review: 3 Reasons To Buy & 3 Reasons To AvoidThe C3X, with its refined turbo-petrol engine and improved features, deserves your attention. Here’s what works, what doesn’t, and whether it’s worth your money.1 min read
Bilal Firfiray | Feb 28, 2026Tata Punch EV Facelift Review: More Range, More Sense, Less MoneyThe Tata Punch EV facelift gets a bigger 40 kWh battery, faster 60 kW DC charging, improved thermal management, and better real-world range, and all of that at a lower introductory price. But does it become a more complete package now?6 mins read
Preetam Bora | Feb 24, 2026Hero Destini 110 Review: Simplicity, RefinedThe Hero Destini 110 is a no-nonsense commuter that is simple, comfortable and above all, fuel efficient. In 2026, when buyers are spoilt for choice, is it good enough to consider?6 mins read
Preetam Bora | Feb 23, 2026TVS Apache RTX Road Test Review: Redefining the Entry-Level ADVAfter spending some time with the TVS Apache RTX in traffic, the daily commute, as well as on open highways, one thing becomes clear: the RTX is trying to redefine the entry-level ADV segment. But is it without fault?1 min read