Automundo China

Build Your Dreams (BYD) out of China is going where Tesla has never dared to go by unveiling a new e7 EV with 'impossible detail' at a desirable price.

(Bloomberg) -- BYD Co. lideró la caía de las acciones de empresas chinas de vehículos eléctricos en Hong Kong el lunes, mientras los inversionistas digerían los fuertes recortes de precios de hasta un 34% anunciados por el gigante automotriz a fines de la semana pasada.Las acciones de la marca de automóviles más vendida de China se hundieron hasta un 8,3%, mientras que sus competidores Li Auto Inc., Great Wall Motor Co. y Geely Automobile Holdings Ltd. registraron descensos superiores al 5% ante

BYD announces discounts on 22 models amid slowdown in Beijing’s EV market

Shares in Chinese automakers, including BYD, Nio and Geely, fell sharply on Monday after industry leader BYD offered fresh incentives on over 20 models and...

The Chinese automaker’s triumph is temporary as the Chinese regime is exploiting gaps in EU policy that may be closed soon, an expert said.

BYD, the world’s biggest EV maker, announced that it would slash prices by up to 34% amid a global price war.

SHANGHAI (Reuters) -Shares in Chinese automakers such as BYD, Nio and Geely tumbled on Monday after industry leader BYD offered fresh incentives on over 20 models and the CEO of Great Wall Motors warned that the world's largest auto industry was in an unhealthy state. The Hong Kong-listed shares of BYD Co Ltd closed 8.6% lower, while Geely Auto fell 9.5%. Chinese electric vehicle giant BYD over the weekend announced a fresh round of subsidies and incentives for more than 20 models, which reduced the starting price of its cheapest model, the pure battery-powered Seagull hatchback, to 55,800 yuan ($7,765).

Shares in Chinese electric vehicle (EV) makers slumped on Monday despite surging interest from UK buyers, as industry titan BY introduced a round of new price cuts in an already bruising market battle. Hong-Kong listed BYD dropped as much as 8.25 per cent from a record high set last week, after an announcement over the [...]

Yuqian Ding, Head of China Auto Research at HSBC, looks at pricing pressures facing Chinese EV makers and analyses how BYD has grown into a globally competitive car brand.