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nep123 - 1 days ago

BYD Profit Dips Amidst Domestic Slump

BYD Profits Dip as Chinese EV Market Slows The giant Chinese electric vehicle (EV) manufacturer, BYD, announced a 33% drop in its third-quarter profits compared to the same period last year. This decline reflects the challenges faced by Chinese car manufacturers amidst a sluggish domestic consumption environment, prompting a strategic shift towards international expansion. BYD [ ]


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