SHARE

BYD’s annual sales surpass $100bn for the first time

The Chinese electric vehicle company said revenue rose by 29% to $107bn last year, surpassing analyst expectations. Net income also grew by 24% compared to a year ago. The resurgence is due, in part, to demand in China for hybrid vehicles.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.