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1.41768303224282E-16 1.41768303224282E-16 0.00558659217877097 0.00558659217877097 0.00558659217877097 0.00558659217877097 0.00159616919393466 0.00239425379090193
Stock impact report

BYD Sales Drop for Third Month as EV Competition Heats Up [Yahoo! Finance Canada]

BYD CO LTD UNSP/ADR (BYDDY) 
NASDAQ:AMEX Investor Relations: byd.cn/bydenglish/investor
Overall sales for BYD now needs to sell about 418,000 units in December to meet its reportedly adjusted full-year target of 4.6 million. Profits have plunged in back-to-back quarters as the company found itself at the center of China's efforts to rein in the sprawling EV industry — including a crackdown on the aggressive discounting that has underpinned BYD's sales. While exports provided a rare bright spot with 131,935 units shipped, they were not enough to offset the weakening domestic demand. BYD's overseas expansion plans also face their own hurdles, with rising trade barriers in Europe and North America limiting the company's ability to pivot volume away from the saturated Chinese market. --With assistance from Foster Wong. Most Read from Bloomberg Businessweek ©2025 Bloomberg L.P. Show less Read more
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