BYD's Strategic Expansions and Milestones

BYD, China's largest electric vehicle manufactuer, recently marked several significant milestones in its global expansion and product development The company celebrated the opening of a new factory in Rayong, Thailand, which was completed in just 16 months and has an annual production capacity of 150,000 vehicles This expansion was highlighted with the production of BYD's 8 millionth new energy vehicle. In financial developments, Berkshire Hathaway has reduced its stake in BYD to below 5%, specifically to 4.94% from 5.06%, continuing a recent trend of selling shares In product innovation, BYD launched the M6, its first all-electric MPV, at the 31st GAIKINDO Indonesia International Auto Show, marking the debut of the first all-electric MPV in Indonesia's market This introduction aligns with the growing demand for electric vehicles in the region..