Despite a July slowdown, BYD retains its pb successful China's competitory EV market.
Anna Barclay | Getty Images News | Getty Images
Hong Kong-listed shares of BYD fell by arsenic overmuch arsenic 7.87% connected Monday aft the Tesla rival reported a quarterly profit drop amid an assertive terms warfare crossed its home industry.
The Chinese electrical conveyance shaper connected Friday reported profits of 6.4 cardinal yuan ($891 million) for the June quarter, down astir 30% from a twelvemonth earlier, contempt an enlargement successful income overseas.
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