In today’s briefing:
- BYD (1211 HK): Quick Note – Preparing for Price War in 2025
BYD (1211 HK): Quick Note – Preparing for Price War in 2025
- BYD’ deliveries continued to grow strongly by 68% in November.
- BYD required its suppliers to reduce prices by 10% for 2025.
- We believe BYD will continue the price war in 2025.