Chinese BYD on bed of roses expecting 86.5% profit growth

BYD (Build Your Dreams), the Chinese car manufacturing giant that dethroned Tesla as the world's biggest EV maker, expects to be on a bed of roses with a profit growth of 86.5%. That's up to between 29 billion and 31 billion yuan (€3,98 billion) for 2023 compared to the previous year, driven by so