Chinese electric vehicle (EV) giant BYD's sales woes continue, with the company reporting a decline in vehicle sales for the third consecutive month in March. The latest figures come as the EV market in China and globally remains fiercely competitive, with established players and new entrants vying for market share. BYD's struggles are a significant blow to the company's ambitious plans to become the world's largest EV manufacturer by 2025. As the global EV market continues to evolve, BYD's ability to regain its footing and stay ahead of the competition will be closely watched by investors and industry observers.
BYD's vehicle sales fall again in March amid fierce competition reuters.com