BYD Shares Face Earnings Test as China’s EV Price War Heats Up
Mon, Apr 29, 2024 11:27 AM

BYD Shares Face Earnings Test as China’s EV Price War Heats Up

A Flip by Riya Sharma
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After getting a jump on competitors in the latest round of China’s electric-vehicle price war, BYD Co. now faces a key test of proving that it can withstand the impact on profits. China’s biggest EV maker broke with its usual practice of not providing guidance ahead of its earnings report due later Monday. The stock’s volatility skew this month jumped to the highest since October.

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