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BYD Reports First Quarterly Loss in Over Three Years
By Teresa De Alba - Fri, 08/29/2025 - 16:55
BYD reports 2Q25 net profit down 29.9%, first decline in 3+ years, as Chinese govt steps in to curb EV price competition
https://mexicobusiness.news/tag/price-war
More Automotive
BYD Slashes Entry EV Prices as Chinese Market Faces Pressure
By Óscar Goytia - Mon, 07/14/2025 - 16:23
BYD and Chinese EV makers face pressure from a price war and overcapacity, with BYD cutting entry-level EV prices below US$8,000, straining suppliers
China Car Sales Up 19% in June Amid Overcapacity Warnings
By Teresa De Alba - Wed, 07/09/2025 - 13:36
China’s passenger car sales rose 18.6% YoY in June, as regulators warned automakers to curb aggressive discounting amid overcapacity
China’s EV Market to Shrink to 15 Brands by 2030
By MBN Staff - Mon, 07/07/2025 - 09:22
Only 15 of 129 EV brands in China are expected to survive by 2030, as industry consolidation accelerates amid rising competitive pressure
China Exports New Cars as Used to Boost Sales, Cut Oversupply
By Óscar Goytia - Tue, 06/24/2025 - 18:38
China exports new cars as used to inflate sales and cut oversupply, driven by local governments meeting Beijing’s economic targets, Reuters reports
China’s Auto Growth Faces Scrutiny Over Self-Registrations
By Óscar Goytia - Tue, 06/03/2025 - 11:45
China's auto dominance faces concerns as record sales rely on self-registrations, hinting at potential structural challenges in the industry
China's NEV Sales Hit 50% Milestone in July
By MBN Staff - Thu, 08/08/2024 - 17:07
China’s new energy vehicle sales reached over 50% of all car sales for the first time in July
Tesla Sales Drop 8.5% in Q124
By Óscar Goytia - Tue, 04/02/2024 - 15:44
Tesla's Q1 sales and deliveries decline while BYD faces challenges in the EV market shuffle.
Nissan, Honda Weigh Production Cuts in China Amid EV Competition
By Óscar Goytia - Tue, 03/12/2024 - 17:26
Japanese automakers Nissan and Honda contemplate production cuts in China due to intensifying competition from local EV manufacturers.
Stumbling Oil Prices Suggest a Long Road to Recovery
By Peter Appleby - Wed, 05/06/2020 - 13:46
Prices have fallen today after several days of growth. This is a signal of what is to come.