A change in leadership and tough times at BYD, but no back-off expected on new energy vehicles

BYD has released the company's net profit during the first half of 2011 which, at 267 million RMB, is down 84% from the 2.42 billion RMB realized in the same period of 2010. BYD's vice president, Zhibing Xia, resigned his position on Aug. 5, 2011, under the auspices of being "tired." Zhibing had led...

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