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BYD Shares Drop Over 5% as Chinese EV Maker Cuts Prices by Up to 35%

BYD Shares Drop Over 5% as Chinese EV Maker Cuts Prices...

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BYD shares dropped over 5% after Chinese EV maker announced price cuts on the sale of its vehicles
Chinese Auto Stocks Fall on Fears of Fresh Price War

Chinese Auto Stocks Fall on Fears of Fresh Price War

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Carmaker BYD last week offered discounts for many of its models, triggering industry concerns about another price war.
Xiaomi CEO dropped YU7 pricing hints, undercutting Model Y in China

Xiaomi CEO dropped YU7 pricing hints, undercutting Model Y in China

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With 96kWh battery and 835km range, YU7 offers better specs than Model Y; likely with a lower Chinese market price

The post Xiaomi CEO dropped YU7 pricing hints, undercutting Model Y in China appeared first on CarNewsChina.com.

Chinese EV shares tumble as ‘rat race’ price war heats up

Chinese EV shares tumble as ‘rat race’ price war heats up

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Industry leader BYD announces fresh round of price cuts for its models
First EV with CATL’s Choco-SEB swappable battery started deliveries in China

First EV with CATL’s Choco-SEB swappable battery started deliveries in China

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The first Changan Oshan 520 EV sedans with a CATL’s Choco-SEB swappable battery were delivered in China. They swap batteries in 100 seconds.

The post First EV with CATL’s Choco-SEB swappable battery started deliveries in China appeared first on CarNewsChina.com.

Shares of Chinese automakers continue to slide after fears of price war and scrutiny from regulators

Shares of Chinese automakers continue to slide after fears of price...

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It follows a plunge of more than 9% on Monday, which was a reversal from its record high last week.
China's BYD sees shares plunge 8% as EV maker cuts prices

China’s BYD sees shares plunge 8% as EV maker cuts prices

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Citi estimates that BYD's price reduction may have seen a 30% to 40% spike in footfall at its dealership store on May 24 and 25, from the previous weekend.
BYD shares drop in Hong Kong after price cuts

BYD shares drop in Hong Kong after price cuts

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BYD shares dropped 8.5% after announcing price cuts up to 35%.
Chinese EV Stocks Tumble After BYD Slashes Prices Up to 35%

Chinese EV Stocks Tumble After BYD Slashes Prices Up to 35%

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(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%,

Chinese EV Stocks Tumble After BYD Slashes Prices as Much as...

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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 34% late last week.