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BYD COMPANY Plans to Dabble into S Korean Mkt in Early 2025
BYD COMPANY (01211.HK)(002594.SZ) announced its plan to dabble into the South Korean market to sell electric passenger vehicles (PVs) in early 2025. The company is aggressively bui...
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BYD COMPANY Plans to Dabble into S Korean Mkt in Early 2025
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BYD COMPANY (01211.HK)  -6.800 (-2.625%)    Short selling $295.13M; Ratio 17.214%   (002594.SZ)  -6.420 (-2.285%)   announced its plan to dabble into the South Korean market to sell electric passenger vehicles (PVs) in early 2025. The company is aggressively building a localized sales and service network, recruiting professional talent, and working on marketing strategies and vehicle certification to ensure a smooth entry.

The company, which had entered the Korean market in the last quarter, is poised to launch at least three PVs. BYD said it aims to provide Korean consumers with a high-quality product and service experience to enhance the brand's competitiveness through the early deployment of its sales and service infrastructure.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-11-28 16:25.) (A Shares quote is delayed for at least 15 mins.)

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