- Chinese electric vehicle maker BYD Company (OTC:BYDDY) registered a production increase of 108.4% year-on-year to 246,259 vehicles in May 2023.
- The sales for the month jumped 109% Y/Y to 240,220 vehicles.
- Production of battery electric vehicles soared 121% to 126,091 vehicles and sales jumped 124% to 119,489 units.
- Year-to-date production rose 99% to 1,022,890 vehicles, and sales increased 97.6% to 1,002,591 million units.
- Also Read: Warren Buffett-Backed EV Maker BYD To Make EVs In Vietnam
- Price Action: BYDDY shares are trading higher by 0.33% at $60.53 on the last check Thursday.
Morgan Stanley Maintains Equal-Weight on US Foods Hldg, Raises Price Target to $36
Morgan Stanley analyst John Glass maintains US Foods Hldg (NYSE:USFD) with a Equal-Weight and raises the price target from $34 to $36.
