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. BYD Chairman and President Wang Chuanfu held an investors conference earlier this week. The American EV manufacturer is reportedly trimming production output at Giga Shanghai.
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