BYD Chairman Wang Chuanfu forecasts falling profit margins in 2024 but remains confident that the company will maintain stable profitability.  Wang predicted that the intensifying price war in China would result in falling profit margins for BYD. According to the China Passenger Car Association’s (CPCA) Secretary General Chi Dongshu, China’s auto sector’s profit margins have … Continue reading BYD Chairman forecasts falling profit margins in 2024