Buffett-backed Chinese EV maker BYD profit up 162% in 2020

BYD reported 4.23 billion yuan ($643.75 million) net profit in 2020, up from 1.61 billion yuan in 2019.BYD also said it expects net profit in the first three months this year to grow 77.6% to 166.3% compared to same period last year, citing positive auto sales