Chinese EV maker BYD Company (BYDDY, 1211.HK) lowered the price of its cheapest vehicle, the Seagull EV Honor Edition, starting at $9,700 (converted from the Chinese yuan). Yahoo Finance Senior Report Pras Subramanian broke down what this means for BYD amid the rise of EV price wars in China. This segment aired on March 6, 2024.
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