Chinese electric vehicle manufacturer BYD has announced an anticipated growth in net profit for the first quarter of the year, with figures potentially rising by 86.0% to 118.9% compared to the same period last year. This forecast underscores BYD's strong market position and reflects the rising global demand for electric vehicles.
According to the recent BloombergNEF report released on Thursday, global investments in the low-carbon energy transition exceeded the $2 trillion mark for the first time last year. This milestone reflects the commitment of countries worldwide to achieving the climate targets set out in the Paris Agreement. However, experts continue to assert that current investment rates are still not sufficient to tackle the global climate change challenge.