BYD reports a 20.5% decline in first-half profit to 12.3 billion yuan amid pricing pressures and reduced demand.

Chinese EV maker reports weaker revenue and lower deliveries as demand shifts toward battery-electric models and costs remain high

BEIJING, Aug 28 : Chinese electric vehicle maker BYD on Friday reported a 20.5 per cent drop in first-half net profit, as the world's largest EV maker by shipments faced a…

Chinese automaker BYD has experienced its first profit growth in over a year, primarily fueled by a sharp increase in export sales. This international expansion effectively…

BYD reports a 20.5% decline in first-half profit to 12.3 billion yuan amid pricing pressures and reduced demand.