Finance

BYD Quarterly Profit Drops to Lowest in Years Amid Price War

BYD Co.’s quarterly profit tumbled to its lowest level in more than three years as the the world’s largest maker of electric vehicles offered more discounts on its cars to fend off mounting competition.

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Bloomberg
April 28, 2026·1 min read
BYD Quarterly Profit Drops to Lowest in Years Amid Price War

Image: Bloomberg

BYD Co.’s quarterly profit tumbled to its lowest level in more than three years as the the world’s largest maker of electric vehicles offered more discounts on its cars to fend off mounting competition.

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BYD Quarterly Profit Drops to Lowest in Years Amid Price War

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