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BYD cuts 2025 sales target as profit falls, Geely gains ground
short by / on Thursday, 4 September, 2025
China's EV giant BYD has slashed its 2025 sales goal by nearly 1 million units to 4.6 million, its weakest growth pace in five years. The move follows a 30% quarterly profit drop, rising price wars, and slowing demand in China. Rival Geely raised its target to 3 million as its economy EV sales surged 90%.
read more at Stocktwits