E-Cars: Byd Boss Warns Against "Brutal Knock-Out Phase" After Price Loss
2 Articles
2 Articles
The Chinese e-car builder's share is under pressure after disappointing quarterly figures. An expert says this is the price for a strategically necessary step.
The figures, for once, tell a story a little less flattering for BYD than usual. The manufacturer of Shenzhen published a net profit of 32.6 billion yuan (about 4 billion euros) for the year 2025, compared to 40.3 billion the previous year. A fall of 19% that contrasts with the image of a group in permanent conquest. The turnover, on the other hand, rises modestly to 804 billion yuan (about 101 billion euros) rising by only 3.5%. We sell more, b…
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