On June 30, Brazilian President Lula met with Stella Li Ke, executive vice president of BYD Group, according to an official Weibo post from BYD. Furthermore, BYD Dolphin, a new compact model, was unveiled in Brazil on June 29. The company has achieved remarkable financial results in the first quarter of 2023, with net profit surpassing the full-year net profit of 2021, and operating revenue reaching 120.173 billion yuan, a 79.83% yearly increase. Net profit soared to RMB 4.13 billion, marking a remarkable growth of 410.89%. BYD’s exceptional performance was mainly attributed to the significant growth in sales of new energy vehicles, as their first-quarter sales volume reached 552,100 units, a remarkable 89.47% increase compared to the previous year. [163, in Chinese]
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