BYD takes fight to EV laggards with China price cuts
The automaker is aggressively discounting nearly every electric and hybrid model in its lineup, aiming to lure customers away from traditional giants like Toyota and Volkswagen. BYD’s extensive price reductions, part of its “electricity is cheaper than oil” campaign, signal a bold move in China’s fierce price war. Over 100 model versions have seen price cuts, with an additional 70[Read More…]