
Chinese electric manufacturer BYD Company Limited (OTC:BYDDF) reported strong deliveries for April, defying the supply chain, production and logistical challenges arising from the COVID-19 lockdowns in China.
What Happened: Shenzhen-based BYD delivered 57,403 battery electric vehicles in April, up nearly 270% from the 16,114 units delivered in the year-ago period. Sales improved 7% from March.