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Tesla's TSLA sales of China-made EVs continued to decline for the eighth consecutive month in May due to intensifying price wars in the world's largest auto market. Per the China Passenger Car ...
Automakers pull back EVs, dealerships beg automakers to stop sending them an overflow of EVs and Xiaomi SU7 waitlist is a year long ...
China’s biggest ev manufacturer, byd, caused shockwaves when it slashed the cost of 22 electric and hybrid models. Now the ...
Breakingviews provides financial professionals with unique agenda-setting insight on the major financial news stories as they ...
The Chinese government is getting involved in the wave of discounts for electric cars triggered by BYD. At a meeting ...
The warnings come after BYD kicked off the latest round in the price war late last month with discounts of as much as 34%, ...
There’s a buzzword in China to describe excessive competition, in a race to the bottom: nei juan, or “involution.” ...
China's electric vehicle market has been thrown into fresh turmoil following a new round of steep price cuts from BYD, ...
Deliveries of China-made Model 3 and Model Y vehicles, including both domestic sales and exports to Europe and other markets, ...
Along the way, there have been constant challenges, including a price war in China, severely declining sales in Europe, and ...
Chinese electric vehicle giant BYD saw its market capitalization plunge in late May after initiating sweeping price cuts of ...
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