Automundo China

China’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 Friday's close, BYD’s stock was at 352.30 yuan on the Shenzhen Stock Exchange, down 8.83 points or 2.5%. The China Association of Automobile Manufacture...

(Bloomberg) -- BYD Co. shares fell, bringing losses over the past week to more than 17%, on concern that its price cuts are drawing government scrutiny and becoming unsustainable for the Chinese EV industry.Most Read from BloombergBillionaire Steve Cohen Wants NY to Expand Taxpayer-Backed FerryWhere the Wild Children’s Museums AreThe Economic Benefits of Paying Workers to MoveNow With Colorful Blocks, Tirana’s Pyramid Represents a Changing AlbaniaNYC Congestion Toll Brings In $216 Million in Fir

Stock futures are pointing lower amid renewed tension between U.S. and China over President Donald Trump's tariffs, while new levies were added to steel imports.

BYD faces backlash for aggressive discounts in domestic EV market as Chinese officials warn of damage to supply chains and reputation.

Chinese electric vehicle (EV) makers are gaining momentum, reporting impressive sales growth in May as they continue to expand their market presence at home and abr...

Back in 2020, the world’s electric vehicle (EV) revolution had a clear front-runner. Tesla, under the ever-visible hand of Elon Musk, was not just ...

China’s BYD, the world’s leading electric vehicle (EV) manufacturer, is preparing to make a bold move into one of the most distinct corners of Japan’s car industry — the $18...

Greece’s Sfakianakis Group launched last Thursday in Nicosia the first showroom for Chinese electric vehicle brand BYD.

BYD Co. shares continued their plunge despite monthly sales climbing to the highest this year as the steep discounts the industry uses to entice buyers draws scrutiny from Beijing.