China’s BYD to post big jump in 2023 profit amid record EV deliveries, even as steep discounts dented margins

Source: Tech – South China Morning PostThe world’s largest electric car maker expects earnings for 2023 to jump by as much as 86.5 per cent, buoyed by record deliveries. Its profitability, however, remains far behind rival Tesla because of the American giant’s bigger profit margins.Read More