BYD Stock Faces Crossroads Amid EV Price War and Supplier Assurance
BYD's $45 billion market cap erosion reflects China's brutal EV competition, where price cuts collide with payment promises. Today's 4% Hong Kong rally followed supplier payment guarantees—a temporary balm for investors spooked by shrinking margins.
The automaker's revised delivery target (4.6M vs. 5.5M units) underscores slowing demand. Yet its 60-day supplier terms echo industry-wide damage control, lifting peers' stocks. This dichotomy defines China's EV sector: growth ambitions tempered by cash FLOW realities.