BYD delivery data underscores China car market pressure
BYD reported August sales of 433,384 electrified cars, including 256,230 all-electric vehicles; Tesla is cited as among EV stocks facing difficulty amid China’s struggling car market.
By Al RootThe Chinese car market continues to struggle, making it difficult for many EV stocks, including Tesla.Tuesday, Chinese EV leader BYD announced August delivery results.
It sold 433,384 electrified cars, including 256,230 all-electric vehicles. (BYD also sells plug-in hybrids.) Passenger ve…