Short Sellers Target BYD, The Worlds Top EV Maker, As Rivalry Intensifies

04 Jan 2024 | Abstracted from SCMP

"Bearish bets against Chinese electric vehicle maker BYD have surged to the highest since September...Over 150 new models are scheduled to be launched in China in 2024, of which 80 per cent will be electric vehicles...The challenging outlook is weighing on BYD's shares,

ADDITIONAL RELATED NEWS LINKS

• KGM Torres EVX Goes On Sale In The UK With 1,000,000 Kilometer Battery Warrant


• Why BYD's EV Exports Sell For Twice The China Price


• Exclusive: Tesla Scraps Low-Cost Car Plans Amid Fierce Chinese EV Competition


• China Just Attacked Biden's Electric Vehicle Policy. That's Good For The President


• BYD Says EVs Have Entered The 'Knockout Round' With Next-Gen Tech Rolling Out


• Why A Small China-Made EV Has Global Auto Execs And Politicians On Edge


• DEJA VU (all over again): Ford Hopes Small Electric Cars Might Make Americans Buy EVs


• BYD To Deploy Fleet Of 8 Car Carriers To Underpin Global EV Expansion


• Electric Vehicles Will Crush Fossil Cars On Price As Lithium And Battery Prices Fall


• Tesla-Beating BYD, After Spooking Legacy Carmakers With Its Low Costs, Unveils $233,450 Supercar To Rival Ferrari and Lamborghini