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Tesla’s China Rival BYD’s Stock Bleeds Amid Aggressive Pricing Strategy

Tesla’s China Rival BYD’s Stock Bleeds Amid Aggressive Pricing Strategy

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The company’s profit slid for the first time in more than three years, delivery targets were cut, and rivals like Geely and Leapmotor are winning share as Beijing cracks down on price wars.
China’s BYD Suffers $45 Billion Stock Market Wipeout As Aggressive Price Cutting Dents Profit — Analyst Calls For ‘Repositioning’ As Tech Leader

China’s BYD Suffers $45 Billion Stock Market Wipeout As Aggressive Price...

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BYD is under pressure to rebuild investor confidence after a $45 billion stock selloff wiped more than 30% off its Hong Kong shares in just four months, the steepest underperformance among peers. Analyst sell ratings are at their highest since 2022, reflecting skepticism over the Chinese EV maker’s strategy of leading the industry in deep discounts...
BYD loses $45 billion in market cap, analysts turn bearish as concerns mount

BYD loses $45 billion in market cap, analysts turn bearish as...

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Analysts believe that the next major trigger for BYD will be the launch of its new models in the first quarter of 2026. Some of its upcoming launches were postponed to next year, to make the new vehicles more competitive with its rivals.
New Zeekr X all-electric SUV with up to 489hp revealed

New Zeekr X all-electric SUV with up to 489hp revealed

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The updated Zeekr X features a more powerful rear electric motor with a maximum power of 335 hp, compared to the existing 268 hp motor.

The post New Zeekr X all-electric SUV with up to 489hp revealed appeared first on CarNewsChina.com.

BYD Execs Scoop Up $7.3M In Stock This Month, Marking Big Vote Of Confidence As Chinese EV Maker’s Shares Dip

BYD Execs Scoop Up $7.3M In Stock This Month, Marking Big...

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The insider buying comes after reports of BYD trimming its 2025 sales target and its first quarterly profit drop in more than three years.
BYD execs increase holdings to show confidence in company

BYD execs increase holdings to show confidence in company

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BYD executives bought about RMB 52.3 million ($7.3 million) worth of BYD A-shares on the Shenzhen stock exchange this month.
Geely Galaxy Starship 7 EV key parameters exposed, boasts 215hp

Geely Galaxy Starship 7 EV key parameters exposed, boasts 215hp

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The Geely Galaxy Starship 7 EV boasts a 215hp electric motor and retains a similar design as the PHEV currently on the market.

The post Geely Galaxy Starship 7 EV key parameters exposed, boasts 215hp appeared first on CarNewsChina.com.

Fastest Chinese SUVs available in the UAE, from the Jetour G700 to BYD Yangwang U8

Fastest Chinese SUVs available in the UAE, from the Jetour G700...

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For years, the automotive landscape of the UAE has been ruled by the established dynasties of Japan and Germany. Performance SUVs, in particular, have been the domain of brands like Nissan, Toyota, Porsche and Mercedes. However, few can be unaware that an entirely new force has arrived, in the shape of Chinese car manufacturers. Once seen as a sour...
New Zeekr 7X EV outputs 784hp and has up to 802km range

New Zeekr 7X EV outputs 784hp and has up to 802km...

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The new Zeekr 7X features a more powerful electric motor and a larger battery pack capacity.

The post New Zeekr 7X EV outputs 784hp and has up to 802km range appeared first on CarNewsChina.com.

Automakers' share in China NEV market in Aug: BYD leads with 27.8%, Tesla 5th with 5.1%

Automakers’ share in China NEV market in Aug: BYD leads with...

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Tesla climbed three spots , while Xiaomi EV entered the top 10 NEV sales list for the first time.