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BYD Plans to Halt 'Price War' and May Overhaul Car Purchase Policy Starting Tmr
Images spreading online suggested that BYD COMPANY (01211.HK)(002594.SZ) is about to launch a new car purchase policy, which illustrated that all previous pricing schemes and polic...
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BYD Plans to Halt 'Price War' and May Overhaul Car Purchase Policy Starting Tmr
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Images spreading online suggested that BYD COMPANY (01211.HK)  -1.700 (-1.369%)    Short selling $646.49M; Ratio 22.564%   (002594.SZ)  -0.570 (-0.172%)   is about to launch a new car purchase policy, which illustrated that all previous pricing schemes and policies will be nullified starting tomorrow (July 1).

BYD has not given any official response to this, but according to a salesperson from a BYD Ocean Network store in Beijing confirmed the authenticity of the images and stated that there will be a new sales policy tomorrow, reported National Business Daily.

Related NewsCLSA: BYD COMPANY's Production Cut Can Reduce Inventory Overhang; TP $161
Another salesperson from the Dynasty Network store also mentioned that an overhaul to the car purchase policy will be made starting tomorrow.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-30 16:25.) (A Shares quote is delayed for at least 15 mins.)

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