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Despite July’s delay, BYD retains its leading role on the EV competitive market in China.
Anna Barklay | Getty Images News | Ghetto images
Hong Kong’s shares in the BYD list fell 7.87% on Monday after Tesla’s rival reported quarterly profit Drop against the backdrop of aggressive pricing war in the local industry.
The Chinese manufacturer of electric vehicles on Friday reported A profit of $ 6.4 billion ($ 891 million) for the quarter in June, which is about 30% compared to a year earlier, despite the expansion of sales abroad.
