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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 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
NIO, XPeng, Li Auto Stocks Fall. BYD Ramps Up EV Price War.

NIO, XPeng, Li Auto Stocks Fall. BYD Ramps Up EV Price...

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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

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.
Tesla Rival BYD Tumbles After Launching China EV Price War. Several Rivals Fire Back.

Tesla Rival BYD Tumbles After Launching China EV Price War. Several...

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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.
BYD’s price cuts shock China’s EV market, spark fears of price war escalation

BYD’s price cuts shock China’s EV market, spark fears of price...

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BYD offers discounts of 10 to 30 per cent on 22 of its battery-powered and plug-in hybrid models.
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
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.
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.
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%.