BYD sets lower sales growth & warns of looming price war
Teslarati
MARCH 29, 2024
BYD set lower sales growth goals for 2024, warning of a looming price war and overcapacity in Mainland China’s electric vehicle (EV) sector. The Chinese automaker estimates account for some challenges BYD expects this year. In February, it slashed the prices of all its vehicles between 5% to 20%. million units.
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