BYD has released its 2022 fiscal statements, showing the growth in its electric vehicle deals, the company's profit and gains. By 2022, the company's operating income will reach $61.4 billion, an increase of 84 over 2022. BYD's profit was $2.4 billion, up 403.


BYD said it vended1.85 million vehicles a time, with 49.5 being EVs and 50.5 being PHEVs. 97 of the buses are vended in China. In addition, the average price of an electric auto is about $,000 and the average profit per auto is about $,200.

During a earnings conference, Wang Chandu, author and CEO of BYD, blazoned that the company would vend 3 million better- powered vehicles by 2023 if it achieves the carmaker. Grounded in Shenzhen, it'll be the largest Chinese automaker by the end of this time.

Meanwhile, in 2022, BYD's five best- dealing buses are First, the Song Plus, which vended,047 units. Second, Qin Plus vended,282 units. Third, Han vended,016 units. Fourth, Dolphin vended,417 units. And the 5th Yuan plus( ATTO 3) vended,058 units.


It should be noted that BYD's total profit from new energy subventions in 2022 is estimated at $1.5 billion, counting for 62 of the company's periodic profit. Other EV makers in China have also made significant benefactions, with judges prognosticating that Tesla will admit a $ 500 million subvention in China by 2022. still, support has been discontinued since January 1, 2023, which will increase competition in China's EVs.

In terms of exploration and development, BYD has invested $ 290 million in 2022. In addition, BYD's R&D staff increased to,697, an increase of 72 over the former time.

On March 29, BYD President Wang Chandu set two main pretensions to vend 3 to3.6 million vehicles by 2023. The alternate is to beat its rival, Volkswagen, and it'll be the best- dealing auto company in the Chinese request by 2023.

BYD is also a major player in the automotive battery assiduity, as well as batteries used in other electronics and Samsung and Dell products.


BYD's photovoltaic business is also an important part of the company, with the entire artificial chain layout including silicon wafers, battery cells, photovoltaic modules and operations for photovoltaic systems. So let's see if BYD can vend further than 3 million units by 2023 as anticipated.