In China’s overheated EV market, a flood of new entrants and deep price cuts—many led by BYD—have eroded margins and triggered government intervention.
Chinese EV stocks tumble after BYD slashes prices as much as 34%
May 26, 2025
BYD unleashes an EV industry reckoning that alarms Beijing
June 8, 2025
BYD shares sink as carmaker faces backlash over EV price war
Beijing warned the practice of selling new cars with zero miles at a sharp discount in the used car market is just the latest…
The EV maker faces a crowed market, with rivals like XPeng and Telsa, which have all cut prices.
Electric vehicle makers in China, led by the country's market leader BYD, have been engaged in a bruising price war.
Hong Kong-listed shares of BYD fell more than 6% after the Tesla rival reported a quarterly profit drop amid a price war in its…
Officials told EV makers to “self-regulate,” and that they shouldn’t sell cars below cost or offer unreasonable price cuts.
While other major Chinese electric vehicle makers, including Li Auto and Nio, also reported a drop in July deliveries.
