BYD Co. (BYDDF) Recalls More Tang DM Hybrids

The Chinese State Administration for Market Regulation announced Friday that electric vehicle maker, BYD Co Ltd (OTC: BYDDF) is recalling 52,928 of its best-selling plug-in vehicles, the Tang DM. The recall covers vehicles produced between April 5, 2021 and April 18, 2022 and is due to faults with the battery pack trays which pose water inflow risks, the country’s market regulator said.

The Tang DM is BYD's best-selling premium series, with September-May sales exceeding 60,000 vehicles.

In April, the regulator announced a recall of 9,663 Tang DM-i cars saying a defect in the battery pack could cause fires. In the past six months alone, more than a dozen videos have been posted on social media showing BYD EVs on fire.

By Michael ElkinsBYD Co Ltd (OTC: BYDDF)

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