Energy
BYD Refutes “Chinese Military Company” Blacklist
In addition to NIO’s response, BYD issued a statement to the Hong Kong Stock Exchange (01211) yesterday (Google translation): This announcement is a voluntary announcement made by BYD Company Limited (the “Company”, together with its…
AI Summary
BYD has issued a statement in response to its inclusion on a US Department of Defense blacklist. The company claims the designation as a "Chinese military company" is inaccurate and that it will continue to operate as usual. BYD's statement was made to the Hong Kong Stock Exchange, where the company is listed.
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