_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 29 th november crime petrol 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
_the-5-best-new-tv-shows-of-april-2024.webp "April is to TV as November is to movies, with the Emmy eligibility deadline a month away and—hey, wait a second. Didn’t we just do the Emmys? Well, yes, the most recent Emmy Awards ceremony happened in January, but only because the actors’ and writers’ strikes delayed an event that was originally slated to happen in September 2023. Now we’re looking ahead to this September, when a second 2024 ceremony will honor series released between last June and this May. The upshot is that prestige television season is once again upon us.")
_crime-patrol-episode-439-29th-november-2014.webp "SET India")
⏲ 43 minutes 30 seconds 👁 3.8M
_crime-patrol-dial-100-shadyantra-episode-29-28th-november-2015.webp "SET India")
⏲ 40 minutes 51 seconds 👁 1.5M
_crime-patrol-satark-season-2-ep-98-full-episode-27th-november-2019.webp "SET India")
⏲ 45 minutes 42 seconds 👁 2.5M
_andhakar-124-crime-patrol-2-0-ep-192-124-full-episode-124-29-nov-2022.webp "SET India")
_turkey39s-inflation-rate-surges-to-an-alarming-70-central-bank-implements-massive-50-rate-hike.webp "Turkey's inflation rate accelerated to nearly 70% annually in April. This is the highest annual increase since November 2022, when it reached approximately 85%. Prices rose over 3% on a monthly basis, driven by increases in alcohol, tobacco, hotels, and restaurants. While high, the April inflation rate was lower than analysts' expectations. Turkey's central bank hiked rates to 50% to combat inflation, saying tight policy would continue until prices reliably declined. Analysts say inflation may fall in the second half of 2024 but are less optimistic about the pace of decrease.")
⏲ 0:40 👁 500K
_crime-patrol-dial-100-ep-921-full-episode-29th-november-2018.webp "SET India")
_the-5-best-new-tv-shows-of-april-2024.jpg)
_crime-patrol-episode-439-29th-november-2014.jpg)
_crime-patrol-dial-100-shadyantra-episode-29-28th-november-2015.jpg)
_crime-patrol-satark-season-2-ep-98-full-episode-27th-november-2019.jpg)
_andhakar-124-crime-patrol-2-0-ep-192-124-full-episode-124-29-nov-2022.jpg)
_turkey39s-inflation-rate-surges-to-an-alarming-70-central-bank-implements-massive-50-rate-hike.jpg)
_crime-patrol-dial-100-ep-921-full-episode-29th-november-2018.jpg)
![[+]](/images/menu.gif){kind=small}