BYD sets lower sales growth & warns of looming price war
Teslarati
MARCH 29, 2024
BYD Chairman and President Wang Chuanfu held an investors conference earlier this week. The Chinese carmaker also slowed down construction plans for its EV factory in Vietnam. BYD set lower sales growth goals for 2024, warning of a looming price war and overcapacity in Mainland China’s electric vehicle (EV) sector.
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