China’s BYD sees shares plunge 8% as EV maker cuts prices
FILE PHOTO: The company logo of China’s automaker BYD is seen on a car outside its headquarters in China’s southern city of Shenzhen. Bobby Yip | Reuters Shares in BYD plunged as much as 8.25% Monday, a steep drop from their record high last week, as investors assessed the Chinese electric vehicle giant’s price cuts…
