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FirstFT: Chinese EV shares tumble as BYD sparks new price war fears

FirstFT: Chinese EV shares tumble as BYD sparks new price war...

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Also in today’s newsletter, Singapore’s ‘scamdemic’, and Trump media group plans to raise $3bn to spend on crypto
BYD starts a new EV price war in China

BYD starts a new EV price war in China

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BYD has triggered another EV price war in China by slashing the price of several models, sending the stocks of...
BYD kicks off EV rebate wave in China

BYD kicks off EV rebate wave in China

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The Chinese market leader BYD is offering considerable discounts on models from the Dynasty and Ocean series in its home market as part of a promotion until
Tesla Rival BYD Tumbles After Launching China EV Price War

Tesla Rival BYD Tumbles After Launching China EV Price War

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The EV giant's move is forcing some rivals to follow suit.
Entry-level BYD Han L PHEV without lidar exposed ahead of launch

Entry-level BYD Han L PHEV without lidar exposed ahead of launch

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The entry-level Han L DM-p is still powered by BYD's 5th-generation DM hybrid technology and is expected to come with the "God's Eye" C pure vision advanced driving assistance system.
Tesla has never dared to do this — BYD unveils new car with 'impossible detail'

Tesla has never dared to do this — BYD unveils new...

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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.
EV stocks fall as China’s BYD slashes prices

EV stocks fall as China’s BYD slashes prices

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BYD, the world’s biggest EV maker, announced that it would slash prices by up to 34% amid a global price war.
China auto shares sink after BYD offers trade-in incentives

China auto shares sink after BYD offers trade-in incentives

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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).
BYD: Chinese EV stocks tumble despite spike in UK demand

BYD: Chinese EV stocks tumble despite spike in UK demand

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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 [...]
Pricing pressures now part of life for BYD: HSBC

Pricing pressures now part of life for BYD: HSBC

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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.