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ShenzhenPress (Shenzhen)—BYD reported growth a gross margin of 22.75% in the third quarter of 2022. This is significantly stronger than its competition, including Changan (17.4%), SAIC (9.6%), GAC (4.6%), and Huawei-backed Seres (-57.3%). Major automakers are struggling with rising lithium prices and price war. Lithium carbonate prices have jumped nearly 80% since the start of…
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Shenzhen News (Shenzhen)—Ideanomics announced its Mobile Energy Group (MEG) signing an agreement with Meihao Chuxing, the joint venture between BYD and Didi, to purchase 2,000 BYD D1 cars. Didi Chuxing is deploying and promoting this ride hailing car in many cities across China. Users can hail this custom car from the Didi Chuxing app. Ideanomics…
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Shenzhen News (Shenzhen)—The 2020 BYD DiLink Annual Knowledge Sharing Extravaganza kicked off in Hangzhou by unveiling the BYD Auto app to partners of the DiLink ecosystem and BYD fans. Partners from the BYD DiLink ecosystem unveiled apps that showcased smart lifestyle connecting people with their cars and community. These included Yunting app from China National…