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China's BYD breaks growth streak with July slump as EV price war reshapes competition
CHINA, AUG 4 – BYD's July sales fell 10% from June to 341,030 units due to an intense price war that pressured profit margins and drew regulatory scrutiny in China’s EV market.
11 Articles
11 Articles
The Chinese brand of cars BYD is bruces with the reality of a very competitive market and that, while it grows, does not do so at the pace that the automotive industry would like. The largest manufacturer of plug-in vehicles in the world has recorded registrations of 344,296 units in July, which means an increase of 0.6% compared to the same month of 2024 and a fall from June 10%, according to information collected by Bloomberg. Thus, for this y…
China orders ev makers to end price wars as production involution threatens economy
Beijing — In a rare and pointed intervention, the Chinese government has ordered electric vehicle manufacturers to stop slashing prices and expanding output at unsustainable rates, warning that the sector’s unchecked race for market share is driving the economy into what Beijing calls “involution,” a self-defeating spiral of overproduction and collapsing margins. The warning, issued […]
BYD reports July sales decline amid escalating EV price war
China’s largest electric vehicle manufacturer, BYD, reported a sharp drop in monthly sales for the first time in 2025, delivering 341,030 vehicles in July, down from 377,628 in June. The decline follows a wave of aggressive price cuts in the Chinese EV market that BYD helped ignite in May. Competitors Li Auto and Nio also reported declines, shipping 30,731 and 21,017 units, respectively, in July, while Xpeng and Xiaomi recorded gains with 36,71…
The Chinese manufacturer of electric vehicles is facing a brake on the pace of its sales. The action derails.
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