Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

BYD Marks Milestone In Uzbekistan: First Hybrid SUVs Reportedly Roll Off Assembly Line

Author: Nabaparna Bhattacharya | June 28, 2024 12:53pm

The BYD Co., Ltd. (OTC:BYDDY) (OTC:BYDDF) plant in Uzbekistan commenced production earlier this year and recently celebrated the rollout of its first vehicles from the assembly line.

The company announced on Weibo that the first vehicles of the BYD Song Plus DM-i Champion Edition rolled off the production line at its Uzbekistan plant on June 27, CnEV Post reported.

Uzbek President Shavkat Mirziyoyev and BYD Chairman and President Wang Chuanfu witnessed the event at the plant situated in the Jizzakh region.

The Song Plus DM-i, built on BYD’s e-Platform 3.0, is a popular model in the Ocean series.

This hybrid SUV is currently priced between RMB129,800 (~$17,861) and RMB169,800 (~$23,365) in China, CnEV Post added.

BYD recently inked a green transportation pact with Uzbekistan’s government to advance sustainable mobility.

Wang emphasized that the start of mass production at their Uzbekistan plant will drive local transport’s green transition, highlighting BYD’s dedication to eco-friendly mobility.

Looking ahead, Wang outlined BYD’s plan to pioneer Central Asia’s NEV industry through innovative technologies.

Earlier this week, the company started selling a third electric model in Japan, home to the world’s top-selling automaker Toyota Motor Corporation (NYSE:TM).

It will be available in two variants namely the rear-wheel drive (RWD) version and the all-wheel drive (AWD) version. While the RWD variant will start at 5.28 million yen (about $33,111), the AWD version will start at 6.05 million yen (about $37,939), including tax.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Read Next: Tesla’s Full Self-Driving In China Faces E-Scooter Challenge, Complex Roads, Warns Xpeng’s Autonomous Driving Chief

Photo via Shutterstock

Posted In: BYDDF BYDDY TM