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BYD COMPANY Plans to Invest in Max. 300 Fast Charging Stations in South Africa This Yr
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Li Ke, Executive Vice President of BYD COMPANY (01211.HK), said that the Company plans to invest in up to 300 fast charging stations in South Africa this year, and enhance its global expansion efforts.

Currently, BYD COMPANY is striving to cope with the fierce price war in China. Last month, BYD COMPANY recorded its first monthly sales decline in 18 months, losing its position as China's best-selling brand.

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The Company's establishment of a dealership network in China is still in its early stages, Li added.
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