BYD shares surge against market trend as rising oil prices boost EV appeal
BYD’s Shenzhen-listed shares rose 4.92% as of press time, reaching their highest level since October 2025. Surging international oil prices are driving up travel costs for traditional combustion-engine vehicles, accelerating consumer transition to NEVs. (A BYD Han L EV on display at the Shanghai Auto Show in April 2025. Image credit: CnEVPost) Shares of new
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