Thursday, July 2
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Topic: xiaomi

A BYD electric car
New Companies
Thursday, 7/2, 04:44 AM

BYD and Xiaomi Shares Rise on Strong June EV Deliveries

  • Shares of Chinese carmakers BYD and Xiaomi rose on July 2 after strong June and second-quarter delivery figures — BYD reclaimed the global electric-vehicle sales crown from Tesla in the quarter.
  • But the gains sit atop an industry still fighting a punishing price war that keeps margins thin.

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