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BYD: A Profitable EV Growth Play (OTCMKTS:BYDDF)

BYD: A Profitable EV Growth Play (OTCMKTS:BYDDF)

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BYD Company Limited's aggressive expansion into global markets with affordable EV options could threaten Tesla and others. Learn more on BYDDF stock here.

Analysis-China’s discount wars risk cementing frugal consumer mindset

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An aggressive market grab by low-cost Chinese retailers has delivered bumper earnings for some firms but has also intensified a bruising price war, exacerbating deflationary fears in the world's second-largest economy. From coffee to cars to clothes, China's discount retailers have cut prices on just about everything as they chase a consumer whose confidence has been battered by a property crisis, high unemployment and a gloomy economic outlook. "If this situation continues, China may end up with what we call a vicious cycle: lower value added consumption, deflation, low profit rates leading to low wages, which further pushes consumers to downgrade their consumption," said He-Ling Shi, an economics professor at Monash University in Melbourne.
IM LS7 Max all-electric SUV launched with 705 km range

IM LS7 Max all-electric SUV launched with 705 km range

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The IM LS7 Max comes with record breaking tech including four-wheel steering and a lizard digital chassis.

The post IM LS7 Max all-electric SUV launched with 705 km range appeared first on CarNewsChina.com.

Test Drive | IM L6: large hatchback that drives like a Mini Cooper

Test Drive | IM L6: large hatchback that drives like a Mini...

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It's time for a Sunday drive! Let's see how the IM L6 stacks up against the Xiaomi SU7.

The post Test Drive | IM L6: large hatchback that drives like a Mini Cooper appeared first on CarNewsChina.com.