• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

BYD overcomes China’s intense EV price war as record car sales lead to Q2 profit surge

Despite aggressive discounts on its electric cars in China, BYD’s bottom line nearly doubled in the second quarter compared to Q1 2024. BYD credited the Q2 profit surge to rebounding vehicle sales, which reached a new record. Read more…

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