BYD Earnings, Alibaba Pulls IPO
Bloomberg Daybreak: Asia Edition
00:00
Introduction
The chapter delves into BYD's financial results showing lower-than-expected profits, despite becoming the world's top electric vehicle seller, overtaking Tesla in Q4 2023. Challenges lie ahead in sustaining this position with seasonal factors affecting sales, leading to price reductions to drive EV adoption.
Transcript
Play full episode
