China's BYD sales fall extends to 8th month as Q1 profit drops 55%: Will EV demand improve?
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Chinese auto sales have fallen for several months, with some reports indicating an eighth consecutive month of decline. However, there are also reports of surging electric vehicle exports from China, with some manufacturers, such as BYD, achieving record overseas sales. The overall trend in electric vehicle demand is unclear, with some companies experiencing sales downturns while others see growth.
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