Etiqueta: NIO
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 started deliveries of the updated ET5 and ET5 Touring in...
Nio kicked off deliveries of the updated ET5 sedan and ET5 Touring estate. William Li handed over cars to the first group of owners.
The post Nio started deliveries of the updated ET5 and ET5 Touring in China appeared first on CarNewsChina.com.
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.
Chinese car makers’ shares plummet as price war heats up
Manufacturers are continuing to slash prices and offer premium features to lure in customers
Gary Black Says Price War By BYD Threatens Tesla — Dismisses...
Shares of Tesla Inc. (NASDAQ: TSLA) might be in for a rough week, according to fund manager Gary Black, following the announcement of steep discounts by the company's Chinese rival.
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.
China auto shares sink after BYD offers trade-in incentives
SHANGHAI (Reuters) -Shares in Chinese automakers such as BYD, Nio and Geely tumbled on Monday after industry leader BYD offered fresh incentives on over 20 models and the CEO of Great Wall Motors warned that the world's largest auto industry was in an unhealthy state. The Hong Kong-listed shares of BYD Co Ltd closed 8.6% lower, while Geely Auto fell 9.5%. Chinese electric vehicle giant BYD over the weekend announced a fresh round of subsidies and incentives for more than 20 models, which reduced the starting price of its cheapest model, the pure battery-powered Seagull hatchback, to 55,800 yuan ($7,765).
