Monday, March 25, 2024

BYD takes fight to EV laggards with China price cuts

Data from car portal 16888.com analysed by Bloomberg shows BYD has cut prices of more than 100 model versions compared with December, and relaunched a further 70 model trims with lower prices. About the only unaffected models come from its launched Yangwang brand, including its newly unveiled supercar, which goes for 1.68 million yuan ($233,000).

from Auto-Industry-Economic Times https://ift.tt/31JuS7p

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