BYD Slashes Full-Year Sales Target as Demand Cools, Reuters Says
NegativeFinancial Markets

BYD Co. has reduced its full-year sales target by nearly 20% due to increasing competition in the Chinese market, impacting its profits.
Editor’s Note: This adjustment is significant as it reflects the challenges BYD faces in maintaining its market position amidst fierce competition, which could influence investor confidence and future growth.
— via World Pulse Now AI Editorial System