China’s BYD posts first profit drop since 2021 amid rivalry (opens in new tab)

&#8230; been expanding into global <span class="match">markets</span> including <span class="match">Latin America</span> and Europe, where &#8230; 19 percent from 2024. The <span class="match">company</span> last booked a profit decline &#8230; the NEV (new energy vehicle) <span class="match">industry</span> has reached a fever pitch &#8230; It also introduced new <span class="match">car</span> models, such as the Datang &#8230;