BYD Chairman forecasts falling profit margins in 2024
Teslarati
APRIL 10, 2024
BYD Chairman Wang Chuanfu forecasts falling profit margins in 2024 but remains confident that the company will maintain stable profitability. Wang predicted that the intensifying price war in China would result in falling profit margins for BYD. BYD hopes to ensure stable profitability by improving sales. million EVs , up 14.7%
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