Topic: byd competition
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US Demand for Chinese Cars Surges Despite Security Concerns
Over half of U.S. consumers are now open to buying from Chinese automakers, a 25% increase from the previous year, indicating growing market acceptance despite data security concerns. Hands-free partial automation is now the most desired vehicle technology, with 43% of respondents ranking it high...
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Tesla and BYD Lose Ground with Chinese EV Buyers
Tesla's sales in China have declined for two consecutive months, with an 8.4% drop in July and a 4% year-on-year decrease in August, indicating growing challenges in a key market. BYD, Tesla's main rival in China, also saw a sharp 30% fall in quarterly profits due to government intervention endin...
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