Etiqueta: li auto
BYD’s latest EV price cuts trigger ‘war panic’ as China warns...
Following another round of price cuts last month, BYD is now facing backlash from top Chinese officials and regulators. China...
BYD: Will it become the next Evergrande?
Recently, the automotive industry has been in an uproar: Great Wall Motors' Chairman Wei Jianjun's statement "the Evergrande of the automotive industry already exists, it just hasn't exploded yet" instantly ignited public opinion. Although no names were mentioned, all eyes are on BYD, which has liabilities of 594.3 billion yuan. At the same time, BYD launched the largest price cut in history during the "618" shopping festival, with 22 models seeing discounts of up to 53,000 yuan, directly causing a major dip in the new energy vehicle sector. This move has made investors restless: on one hand, there's the overwhelming "Evergrande theory," and on the other, a fierce price war...
China’s NEV sales rise in May: BYD & Geely tops, new...
BYD sold 376,930 NEVs in May, while Huawei-backed Harmony and XPeng showed strong gains in the competitive Chinese market
The post China’s NEV sales rise in May: BYD & Geely tops, new brands surge appeared first on CarNewsChina.com.
Tesla Rivals To Report May Sales As BYD Launches China EV...
Tesla rivals XPeng, Xiaomi, Li Auto and more will report May sales Sunday with giant BYD launching a new China EV price war.
China’s EV Market Faces Brutal Test After BYD’s Aggressive Price Cuts
BYD's aggressive price cuts are rattling China's EV giants. Margin squeeze and fierce competition threaten the sector's future.
BYD Denza delivers 10,000th N9 SUV to founder of humanoid robot...
BYD chairman Wang Chuanfu delivered the 10,000th N9 to Zhou Jian, founder of UBTech.
BYD’s Aggressive EV Price Cuts Spark Market Shake-Up and Stock Declines
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.
NIO, XPeng, Li Auto Stocks Fall. BYD Ramps Up EV Price...
China's leading EV maker BYD announced price cuts to many of its models over the weekend, triggering fears of an intensifying price war.
China’s EV giant BYD decimates local competition with cheaper cars
BYD’s fresh price cuts have reignited China’s fierce EV price war, sending stocks of major local automakers tumbling.
Tesla Rival BYD Tumbles After Launching China EV Price War. Several...
Tesla rival BYD has unveiled major discounts, with some rivals firing back in a new China EV price war. BYD stock plunged in Hong Kong trading.
