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China's EV Market Faces Brutal Test After BYD's Aggressive Price Cuts

China’s EV Market Faces Brutal Test After BYD’s Aggressive Price Cuts

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BYD's aggressive price cuts are rattling China's EV giants. Margin squeeze and fierce competition threaten the sector's future.
BYD’s Aggressive EV Price Cuts Spark Market Shake-Up and Stock Declines

BYD’s Aggressive EV Price Cuts Spark Market Shake-Up and Stock Declines

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China’s electric vehicle (EV) giant BYD Co. has ignited a fresh wave of competition in the world’s largest auto market by slashing prices by up to 34% on 22 electric and plug-in hybrid models.
BYD Sparks Price War In China, Slashes New Car Prices By Up To 34%

BYD Sparks Price War In China, Slashes New Car Prices By...

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BYD has shocked the new car marketplace in China by slashing prices on its cars by up to 34%. Is it playing the long game?
BYD Shares Plunge After Deep Discounts Spark EV Price War Fears

BYD Shares Plunge After Deep Discounts Spark EV Price War Fears

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BYD Stock Dives as Dealer Inventory Overhang Prompts Heavy Discounts
China’s EV giant BYD decimates local competition with cheaper cars

China’s EV giant BYD decimates local competition with cheaper cars

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BYD’s fresh price cuts have reignited China’s fierce EV price war, sending stocks of major local automakers tumbling.
Chinese car makers’ shares plummet as price war heats up

Chinese car makers’ shares plummet as price war heats up

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Manufacturers are continuing to slash prices and offer premium features to lure in customers
Chinese regulator gathers automakers to discuss zero-mileage used car sales, report says

Chinese regulator gathers automakers to discuss zero-mileage used car sales, report...

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China's commerce ministry will meet with industry bodies and automakers to discuss the sale of used cars that have never been driven, Reuters reported.
Exclusive-China regulator summons automakers to discuss 'zero-mileage' used car sales

Exclusive-China regulator summons automakers to discuss ‘zero-mileage’ used car sales

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SHANGHAI (Reuters) -China's commerce ministry will meet industry bodies and automakers including BYD and Dongfeng Motor to discuss increasing sales of "used cars" that were never driven, a person with direct knowledge of the matter said. The meeting is set for Tuesday afternoon, the person said, speaking on condition of anonymity as details of the meeting were confidential. It comes after Great
Exclusive-China regulator summons automakers to discuss sale of 'zero-mileage' used cars

Exclusive-China regulator summons automakers to discuss sale of ‘zero-mileage’ used cars

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SHANGHAI (Reuters) -China's commerce ministry will meet industry bodies and automakers including BYD and Dongfeng Motor to discuss an emerging trend of sales of "used cars" that were never driven, a person with direct knowledge of the matter said. The meeting is set for Tuesday afternoon, the person said, speaking on condition of anonymity. It follows last week's comments by Great Wall Motor's

Fabricantes de vehículos eléctricos chinos se desploman tras fuerte rebaja de...

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(Bloomberg) -- BYD Co. lideró la caía de las acciones de empresas chinas de vehículos eléctricos en Hong Kong el lunes, mientras los inversionistas digerían los fuertes recortes de precios de hasta un 34% anunciados por el gigante automotriz a fines de la semana pasada.Las acciones de la marca de automóviles más vendida de China se hundieron hasta un 8,3%, mientras que sus competidores Li Auto Inc., Great Wall Motor Co. y Geely Automobile Holdings Ltd. registraron descensos superiores al 5% ante