_tesla-chinese-rival-byd-predicts-aggressive-ev-price-war-will-lead-to-massive-price-cuts.jpg "Tesla Chinese Rival BYD Predicts Aggressive EV Price War Will Lead to Massive Price Cuts from ek maker did cotin ki Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:35
👁 View: 450K times
✓ Published: 30-Apr-2024
👁 View: 450K times
✓ Published: 30-Apr-2024
Description:
BYD, the world's largest EV maker, predicts that electric cars will completely replace petrol vehicles. This has led to a 10% decrease in prices for 50 models in the industry. BYD's main focus is budget models, but China's EV market is slowing down. Chinese carmakers are expanding overseas to compensate for declining profits. Price competition is expected to spread to international markets. BYD, backed by Warren Buffett, recorded a record profit in 2023 with an 80.7 percent year-on-year increase.
BYD, the world's largest EV maker, predicts that electric cars will completely replace petrol vehicles. This has led to a 10% decrease in prices for 50 models in the industry. BYD's main focus is budget models, but China's EV market is slowing down. Chinese carmakers are expanding overseas to compensate for declining profits. Price competition is expected to spread to international markets. BYD, backed by Warren Buffett, recorded a record profit in 2023 with an 80.7 percent year-on-year increase.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_bujji-meka-bujji-meka-telugu-rhymes-for-children.webp "infobells - Telugu")
_beijing-auto-show-showcases-cutting-edge-innovations-in-car-design-and-features-as-chinese-automakers-expand-in-global-e.webp "Automakers at the Beijing Auto Show are introducing innovative design and features to their cars, such as swivel seats, large screens, and AI-enabled connectivity. The government's green-energy initiatives have transformed the auto market, with EVs accounting for 25% of new car sales in the previous year. The intense competition among EV makers has led to a price war and is expected to result in industry consolidation. Traditional automakers are adapting to keep up with the rapidly changing market.")
_vlad-and-nikita-pretend-play-makeup-toys.webp "Vlad and Niki")
_vlad-and-niki-kids-story-about-sweet-machine.webp "Vlad and Niki")
_diana-makes-fruit-ice-cream.webp "✿ Kids Diana Show")
_diana-pretend-play-dress-up-and-make-up-toys.webp "✿ Kids Diana Show")
_gum-hai-kisi-ke-pyar-mein-update-ishaan-makers-fans-troll-filmibeat.webp "Gum Hai Kisi Ke Pyar Mein Update: Why did fans troll Ishaan and Makers ? Reeva surprised to see Surekha praising Savi. Reeva gets angry on Ishaan. For all Latest updates on Gum Hai Kisi Ke Pyar Mein please subscribe to FilmiBeat. Watch the sneak peek of the forthcoming episode, now on hotstar. <br/> <br/>#GumHaiKisiKePyarMein #GHKKPM #Ishvi #Ishaansavi<br/>~PR.133~")
⏲ 3:3 👁 5.3M
_pea-pea-making-diy-coca-pepsi-vending-machine-stop-motion-cartoon.webp "PeaPea")
_bujji-meka-bujji-meka-telugu-rhymes-for-children.jpg)
_beijing-auto-show-showcases-cutting-edge-innovations-in-car-design-and-features-as-chinese-automakers-expand-in-global-e.jpg)
_vlad-and-nikita-pretend-play-makeup-toys.jpg)
_vlad-and-niki-kids-story-about-sweet-machine.jpg)
_diana-makes-fruit-ice-cream.jpg)
_diana-pretend-play-dress-up-and-make-up-toys.jpg)
_gum-hai-kisi-ke-pyar-mein-update-ishaan-makers-fans-troll-filmibeat.jpg)
_pea-pea-making-diy-coca-pepsi-vending-machine-stop-motion-cartoon.jpg)
![[+]](/images/menu.gif){kind=small}