Warren Buffett-backed automaker sells more electric cars in March than Nio and Xpeng delivered_老虎社区_美港股上老虎

Warren Buffett-backed automaker sells more electric cars in March than Nio and Xpeng delivered

cnbc2021-04-07

KEY POINTSBYD, which is backed by U.S. billionaire Warren Buffett, disclosed Tuesday that sales of battery-powered passenger cars totaled 16,301 units last month.That's more than double Nio's ...

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Vilianty
·2021-04-07
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- Vilianty:
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- wallflowere:
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  2021-05-27
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Sgtrader
·2021-04-07
Wahh
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- Zhenghao:
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AppleMango
·2021-04-07
EV.....
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- Joker_Smile:
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Shaunieee
·2021-04-07
EVs are the future
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Rival start-upXpengdelivered even fewer vehicles, at 5,102 units last month.Both companies still beat analysts’ expectationswith those figures.In the new energy vehicle category, which includes hybrid as well as pure-electric cars, BYD sold more than 23,000 units in March — that brings the total in the first quarter to 53,380 cars.BYD also sold nearly as many oil-fueled vehicles in the first quarter, at 49,394 units.The sales of electric cars come as China’s auto market recovers from the coronavirus pandemic, which hit the country the hardest in the first quarter of 2020.New motor vehicle registrations in the first quarter of this year climbed to a record high of 9.66 million,China’s Ministry of Public Securitysaid Tuesday. 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