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China’s Biggest Electric-Vehicle Maker Flags Massive Profit Slump

2019年10月30日 20:19 来源于 财新网
BYD warns full-year profits could plunge as much as 43%, blaming broader economic conditions and subsidy cuts
BYD showcases its new-energy vehicle models at an auto show in Shanghai in September 2018. Photo: VCG

BYD Co. Ltd., China’s largest manufacturer of new-energy vehicles (NEVs), has shocked investors with news that its full-year profit could plunge as much as 43% on sluggish sales, as the central government continues to phase out generous industry subsidies.

版面编辑:喻竹杨洋
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