From Google: 2024-07-31 12:31:00

China EV price wars are impacting automakers like BYD and Japan’s automaker stocks. The price cuts come as China aims to boost EV sales. BYD’s stock dropped 7.6% on February 17, while Japanese automakers like Toyota and Honda are also feeling the effects. Prices for some EV models have dropped by 30-40%.



Read more at Google: China EV price wars weigh on BYD, Japan automaker stocks – Nikkei Asia