BYD: Sales in China Collapse! Chinese Competitors Report Record Figures!
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The Chinese electric vehicle manufacturer BYD is currently facing significant challenges in its home market. After years of strong growth, the company is increasingly under pressure as demand is falling and competition intensifies. To counteract this, BYD is increasingly focusing on new technologies, broader model ranges, and accelerated internationalization. BYD's revenue declines, while XPeng reports a 95% increase in sales In the Chinese market, BYD is under increasing pressure as key competitors with high growth rates and attractive models...
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