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Winning the global electric-vehicle race is costing BYDBYD BYD Auto is a Chinese carmaker that became the world’s leading EV manufacturer in 2023, competing with Tesla for market share and global attention.READ MORE dearly.
The Chinese EV giant reported a 33% drop in profit for the period from July to September, marking its second consecutive quarter of declining earnings. The financial squeeze reveals a company caught between mounting domestic price wars and expensive overseas expansion…
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Winning the global electric-vehicle race is costing BYDBYD BYD Auto is a Chinese carmaker that became the world’s leading EV manufacturer in 2023, competing with Tesla for market share and global attention.READ MORE dearly.
The Chinese EV giant reported a 33% drop in profit for the period from July to September, marking its second consecutive quarter of declining earnings. The financial squeeze reveals a company caught between mounting domestic price wars and expensive overseas expansion…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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