China’s BYD sees shares plunge 8% as EV maker cuts prices

BYD’s shares fell as much as 8.25% Monday after the company cut prices on 22 electric and hybrid models, including slashing the Seagull hatchback price by 20% and the Seal sedan by 34%.

The price cuts, effective until June, sparked a surge in dealership foot traffic but also raised concerns of a price war in China’s auto sector.

Other automakers’ shares, including Geely, Great Wall, Li Auto, and Xpeng, also declined, CNBC has reported.

Despite the cuts, Citi analysts expect strong sales growth for new energy vehicles priced below 200,000 yuan, with competition remaining mild.

read more: https://www.cnbc.com/2025/05/26/chinas-byd-sees-shares-plunge-8percent-as-ev-maker-cuts-prices.html

👍 Like this video to stay informed about the latest developments in the electric vehicle industry.

💬 Comment below—do you think BYD’s price cuts will spark a long-term price war in the Chinese auto market?

🔗 Share this video to highlight how EV pricing strategies are reshaping the global automotive landscape.

💰 Want to support the channel? Tap the YouTube Thanks button to help us continue covering crucial updates on the EV market and the future of transportation.

👉 Don’t forget to subscribe for more insights into electric vehicles, automotive innovation, and global market trends.

Thanks for watching and being part of the conversation. 🚗⚡🌏

Links for B.C.

Visit My Website
https://bcbegley.com

Follow Me On Facebook
https://www.facebook.com/B.C.Begley

Subscribe To My Patreon
https://www.patreon.com/bcbegley

Watch Me On YouTube
https://www.youtube.com/channel/UCGoUf-QQTlTN-BIh3ERCE9A

Follow Me On Twitter
https://twitter.com/BC_News1

Watch Me On Rumble
https://rumble.com/c/c-280191

Follow Me On Gab
https://gab.com/BC_Begley

Follow Me On Truth Social
https://truthsocial.com/@BC_Begley

Follow Me On BlueSky
https://bsky.app/profile/bcbegley.bsky.social

Watch Me On TikTok
https://www.tiktok.com/@bcbegley

#BYD #ElectricVehicles #PriceWar