GUANGZHOU -- A feud between two of China's biggest auto manufacturers, Great Wall Motor and BYD, spilled out into the open on Thursday, as the rivals
Source: nikkei.com
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GUANGZHOU -- A feud between two of China's biggest auto manufacturers, Great Wall Motor and BYD, spilled out into the open on Thursday, as the rivals
The crowded market is about to get tighter, squeezing pricing at home and driving exports
China is ground zero for the price war in electric vehicles and the battleground is shifting to SUV-styled EVs, the largest segment of the market.
BYD does not slow down and once again doubled its global plug-in electric car sales in April, gradually approaching to its all-time monthly record levels.
Warren Buffett-backed BYD sold 552,076 new energy vehicles in Q1, a surge of 92.81% year-on-year, according to the company.