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The Nexus
BUSINESSJun 11 · 00:00 UTCSCMP WORLDDaniel Ren

BYD powers past Geely as oil shock charges up global EV demand

The global energy crisis has helped BYD surpass Geely Auto in China's automotive sector as demand for battery-powered vehicles increases, driven by rising oil prices from the US-Israel war with Iran. BYD's overseas deliveries surged 76% year on year.

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