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In the southeast of Beijing, opposite the Chao Nan forest park, four men in sky blue polo shirt lies in passers-by. It is the employees of the byd dealership of Wang Chaowang who are keen to sell the Qin L, whose gray and white copies monopolize the parking lot. This electric sedan released in the spring is half cheaper as the Tesla Model 3, of similar category.
Behind the affable smile of her staff, Byd hits his teeth. On the Hong Kong Stock Exchange, dated August 12, its action fell 29.9% compared to its May summit. Byd, which has not produced purely thermal vehicles since 2022, has been selling sales slowing on the Chinese market since May. In July, they dropped 10% compared to June, while the segment of rechargeable electric and hybrid cars only growed less, with an increase of 12% in July, compared to 29.7% in June.
