Market Chatter: BYD Exceeds 1-Milliion-Vehicle Production Mark at Xi'an Plant

MT Newswires Live12-17

BYD's (SHE:002594, HKG:1211) Xi'an plant in Shaanxi province achieved its 2024 production target of 1 million vehicles as of Dec. 13, The Paper reported.

This was the first time that vehicle production exceeded 1 million units at the plant, which has been in operation for 20 years, according to the report.

The plant has four assembly lines in production at the same time, with a daily output ranging between 4,000 to 4,400 vehicles, The Paper wrote.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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