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BYD profit surges 100.4% as smart EVs drive growth
- China's leading automaker, BYD, reported a 100.4% profit surge in the first quarter, driven by smart EV features.
- BYD's net profit reached 9.2 billion yuan, exceeding its earlier forecast.
- BYD's revenue for the quarter increased to RMB 170.4 billion, up 36.4% year-on-year.
- BYD's dominance in China's EV market grew stronger with a market share of 13.6%.
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