BUSINESS● LOW2h ago · Sep 2, 2026, 9:16 AM
BYD, Leapmotor buck EV market slowdown as pressure piles up on small rivals
South China Morning Post · east asia
Top performers BYD and Leapmotor clawed their way up higher in terms of sales last month, even as China’s electric vehicle (EV) market was shrinking amid weaker consumer demand. However, smaller players were expected to face falling sales and mounting losses for the rest of the year as competition got fiercer, according to analysts. BYD, the world’s largest EV builder, saw its sales in August surge to the highest in nine months, climbing 17.8 per cent from a year ago to 440,293 units, it said in...
GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.
More in Business
BUSINESSnowWith Sothema, Lamia Tazi wants to conquer the African pharmaceutical marketJeune AfriqueBUSINESS27m agoREX American Resources GAAP EPS of $1.06, revenue of $168.5MSeeking Alpha TechBUSINESS28m agoDaktronics GAAP EPS of $0.40 beats by $0.05, revenue of $234.5M beats by $4.23MSeeking Alpha TechBUSINESS30m agoFuelCell Energy Non-GAAP EPS of -$0.64 misses by $0.25, revenue of $33M misses by $5.82MSeeking Alpha Tech