After the global popularity gained by electric cars, BYD, China’s most renowned EV manufacturer, expects a quadruple profit coming in from sales by the end of the third quarter. Reports and data predict a net profit between 5.5 billion yuan to 5.9 billion yuan ($765 million-$820 million), an increase which is beyond 300%. Meanwhile, BYD’s shares on Tuesday have seen a 4% upsurge in Hong Kong and 5% in Shenzhen.
