China’s BYD sees shares plunge 8% as EV maker cuts prices
معلومات تحميل وتفاصيل الفيديو China’s BYD sees shares plunge 8% as EV maker cuts prices
المؤلف:
B.C. Begleyتاريخ النشر:
26/5/2025الوصف:
BYD’s shares fell as much as 8.25% Monday after the company cut prices on 22 electric and hybrid models, including slashing the Seagull hatchback price by 20% and the Seal sedan by 34%. The price cuts, effective until June, sparked a surge in dealership foot traffic but also raised concerns of a price war in China’s auto sector. Other automakers’ shares, including Geely, Great Wall, Li Auto, and Xpeng, also declined, CNBC has reported. Despite the cuts, Citi analysts expect strong sales growth for new energy vehicles priced below 200,000 yuan, with competition remaining mild.
فيديوهات مشابهة: China
China’s BYD sees shares plunge 8% as EV maker cuts prices
China consumer prices slump again, deepening deflation worries
Asia-Pacific markets trade mixed as investors assess dismal China factory activity
China consumer prices slump again, deepening deflation worries
Wall Street drifts higher as oil prices jump and US manufacturing slumps
