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BYD EV Selling Prices in Germany Not Higher than EUR30K
BYD COMPANY (01211.HK) Executive Vice President Stella Li said that the company expects to amplify sales in Germany within six months and is currently expanding the German sales te...
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BYD COMPANY (01211.HK)  -2.800 (-0.974%)    Short selling $152.44M; Ratio 12.823%   Executive Vice President Stella Li said that the company expects to amplify sales in Germany within six months and is currently expanding the German sales team to earn the trust of consumers. The prices of the electric vehicle (EVs) launched in Germany is likely to range from EUR25,000 to EUR30,000.

Li said that BYD will start producing cars in Hungary by the end of 2025 and become a key market player in Europe. She criticized the EU for imposing additional tariffs on Chinese-made EVs, which will be a loss for consumers, believing that European car manufacturers are not competitive because Europe's EV policies lack consistency and seek to bar healthy competition.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-10-22 16:25.)

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