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BYD has led the bruising war that has engulfed China’s auto industry. Read more at straitstimes.com. Read more at ...
The Chinese electric vehicle (EV) market, with over 100 competing companies, is poised for a major shakeup. For the past ...
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Stocktwits on MSNBYD's Deep Discounts Spark China Industry Alarm Over 'Disorderly' EV Price War ChaosChina’s automobile industry association has warned against “vicious competition” following a wave of price cuts by electric vehicle makers, sparked by BYD Co.’s reductions earlier this month. As of ...
The price war has even led to carmakers in China resorting to a practice called, “zero mileage cars” to move inventory. These ...
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