BYD’s Inventory Hits 15 Billion USD; China’s EV Overcapacity Sparks Bloody Price War
BYD’s Inventory Hits 15 Billion USD; China’s EV Overcapacity Sparks Bloody Price War
Udumbara
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The vlogger revealed that the BYD Summer MPV is offering a discount of 20,000 yuan, BYD Qin Plus Intelligent version is down by 13,500 yuan, and BYD Song LEV Intelligent version has a discount of 15,000 yuan...
Faced with competitive pressure from new car releases, many Chinese car companies have adopted a "one price" strategy to clear stock. As a leading electric vehicle company, BYD has recently launched a "stock clearance" mode for many non-intelligent driving models.
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