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Stock impact report

Beijing Auto Show: China Raises Its Winning Game [Forbes]

BYD CO LTD UNSP/ADR (BYDDY) 
NASDAQ:AMEX Investor Relations: byd.cn/bydenglish/investor
Company Research Source: Forbes
It is also pushing high-technology driver-assistance systems into low-cost vehicles. China's automakers, confident now in their quality and style and with a lead in batteries and charging, is now the biggest global market for cars and SUVs. But its home market is under intense pressure because of overcapacity, leading to a brutal price war and a struggle for survival. Manufacturers in Europe will be looking hard at the new models being paraded at the show because many of them will soon be arriving on their shores. Notable debuts at the show, which are soon likely to challenge with big numbers in Europe, include the BYD Seal and Sealion, the Leapmotor/Stellantis B-series, Chery including its Omoda and Jaecoo brands, the MG 7 and the Nissan Urban. These include EVs, plug-in hybrids and extended-range EVs. Chery and JLR unveiled the new Freelander 8 for the China market, which might one day go on sale in Europe. This is expected to be an extended-range EV. The show was also notable Show less Read more
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