BYD sets lower sales growth & warns of looming price war

Teslarati
By Maria MeranoMar 29, 2024, 7:38 am47 pts
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. According to SCMP, Wang told investors that the company’s expects deliveries…

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