https://www.euronews.com/business/2025/05/27/byd-stocks-plunge-following-deep-price-cuts-as-ev-sales-surpass-tesla-in-europe BYD sales
https://fortune.com/2025/06/08/byd-ev-industry-competition-price-cuts-weak-demand-overcapacity/
“What you’re seeing in China is disturbing, because there’s a lack of demand and extreme price cutting,” said John Murphy, a senior automotive analyst at Bank of America Corp. Eventually there will be “massive consolidation” to soak up the excess capacity, Murphy said.
The reality of EV Cars
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