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Shares of BYD plunged following steep discounts across several models, stoking fears of a renewed price war in China’s EV ...
Stock of a Chinese EV-maker that has been grabbing market share from Tesla tumbled on Monday after it announced prices cuts ...
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24/7 Wall St. on MSNChinese EV Price Cuts Aim to Cripple TeslaMajor Chinese electric vehicle (EV) makers have cut prices on new models by as much as 34%. Tesla may have to match these ...
The automaker’s discounting creates headaches for Tesla, Volkswagen and its Chinese rivals.
Most carmakers would respond cautiously to a slowdown, cutting production and incentives. The reason BYD can afford to take ...
As per ACEA data, sales of Tesla vehicles in 32 European countries plunged 49 per cent to 7,261 last month from 14,228 in the ...
BYD's 20% price cut on its Seagull EV has triggered a sharp drop in share prices and intensified fears of an unsustainable EV ...
BYD’s shares were also subject to profit-taking after they rushed to record highs last week, on optimism over the company’s ...
BYD (BYDDF) shares tumbled 8.5% on Monday and slid about 4% on Tuesday in Hong Kong, sparking worries of a fresh price war in ...
Chinese electric vehicle maker BYD Co. (SHE: 002594) announced sweeping price cuts of up to 34% across 22 models Monday, ...
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