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Benzinga on MSNBYD Shares Slide 8% After Steep EV Price Cuts, Citi Forecasts Strong Growth for Budget EVsShares of BYD fell as much as 8.25% on Monday after the Chinese EV maker cut prices on 22 electric and hybrid models, according to CNBC. Discounts included 20% off the Seagull hatchback and 34% off ...
Shares in Chinese electric vehicle (EV) makers tumbled on Monday, despite surging interest from UK buyers and a fresh round ...
Chinese electric vehicle manufacturers are lowering prices amidst intense competition, while simultaneously experiencing a significant increase in consumer interest and sales in the United Kingdom, ...
Shares in BYD and other Chinese carmakers tumbled on Monday, after the electric vehicle champion fired a new salvo in a ...
BYD's Hong Kong-listed shares declined 8.6% on Monday while its Shenzhen-listed shares fell 5.9%. Zhejiang Leapmotor Technology shed 8.45% and Geely dropped 9.5%. Li Auto and NIO were off 3.2% and 3.0 ...
BYD Co. led Chinese electric vehicle stocks lower in Hong Kong on Monday, as investors digested the auto giant’s sweeping ...
Citi estimates that BYD’s price reduction may have seen a 30% to 40% spike in footfall at its dealership store on May 24 and ...
On a per-share basis, Citi earned $1.34. Analysts polled by FactSet forecasted $1.22. Revenue rose 12% to $19.6 billion. Citi scaled back a performance target for 2026. It expects return on ...
The sedan market is shrinking, but the Sonata Hybrid is no less competent. The 2025 Hyundai Sonata Hybrid is a quiet, comfortable, and efficient car that can hold its own against the Toyota Camry ...
BYDs Hong Kong-listed shares (HK:1211) soared to a record high of HK$477.80 on Friday, driven by news that the Chinese ...
HSBC UK has warned staff that if they fail to meet in-office attendance, their annual bonus could take a hit. With 24,000 ...
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