Analysts warn of 'bloodbath' in China’s EV industry
Edited By WION Video Desk
Published: Jun 04, 2025, 10:51 IST | Updated: Jun 04, 2025, 10:51 IST
China’s largest electric vehicle maker, byd, lost over 17% of its market value in a single day as weak earnings and sluggish may sales rattled investors. Byd’s may deliveries rose 0.6% month-on-month, but fell 2.5% from april on the mainland, where intense price wars have undermined demand.
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