Exclusive-EV maker Nio plans new 40 GWh battery plant in China - sources

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BYD says price cuts were part of promotions by some dealers

February 27, 2023 7:27 AM EST

Chinese conglomerate and auto maker, BYD Company is down 1.65% today in Chinese markets after reports that the company cut prices on their vehicles. However, the company replied to reports, saying that the price cuts were not its official move, after the matter sparked discussion over the... More