Etiqueta: Europe

Shares of BYD plunged following steep discounts across several models, stoking fears of a renewed price war in China’s EV market. However, the Chinese automaker is still expected to maintain robust growth, particularly against global rival Tesla.View on euronews

BYD Co. shares extended losses in Hong Kong trading Tuesday — taking their two-day slide to more than 10% — as last week’s sweeping price cuts stoked concern of another wave of discounting in China’s cutthroat electric car market.

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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.

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.

Industry leader BYD announces fresh round of price cuts for its models

(Bloomberg) -- BYD Co. led Chinese electric vehicle stocks lower in Hong Kong on Monday, as investors digested the auto giant’s sweeping price cuts of as much as 35% late last week.Most Read from BloombergNY Private School Pleads for Donors to Stay Open After Declaring BankruptcyUAE’s AI University Aims to Become Stanford of the GulfNYC’s War on Trash Gets a Glam SquadPacific Coast Highway to Reopen Near Malibu After January FiresShares of China’s No. 1 selling car brand tumbled as much as 8.3%,

China's EV giant BYD has overtaken Tesla in monthly sales across Europe for the first time, marking a pivotal shift in the region's automotive landscape and highlighting the growing clout of Chinese automakers on the global stage.

Build Your Dreams (BYD) establishing a base in Hungary proves that BYD has landed on European soil and is proving to be a threat for EV rival Tesla.