German interest in Chinese EV maker BYD jumps in Q1, data shows [Yahoo! Finance Canada]
BYD CO LTD UNSP/ADR (BYDDY)
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Source: Yahoo! Finance Canada
amid rising fuel prices, according to online marketplace data seen ?by Reuters on Thursday. BYD was one of the fastest-growing brands in Germany in the first quarter of the year, online marketplace Carwow said, citing a 135% ?rise in purchase ?queries for the Chinese EV heavyweight during that period. The data showed strong interest ?in BYD's electric-powered SUVs and the low-cost Dolphin hatchback, which have put pressure on European rivals to ?produce more ?affordable alternatives. Carwow said Chinese ?brands look set to ?profit from higher prices at the pump due to the Middle East conflict and rising prices for new cars, with Chinese-owned carmaker MG also seeing a boost on its platform. "Affordable electric cars with short ?delivery times are thus becoming ?significantly more attractive — an environment ?in which Chinese ?manufacturers, in particular, are capitalising on their ?strengths and noticeably gaining ?market share," the ?company said. Queries for battery-electr
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