(May 26): BYD Co led Chinese electric vehicle (EV) stocks lower in Hong Kong on Monday, as investors digested the auto giant’s sweeping price cuts of as much as 35% late last week.

Shares of China’s No 1 selling car brand tumbled as much as 8.3%, while peers Li Auto Inc, Great Wall Motor Co and Geely Automobile Holdings Ltd dropped more than 5% amid investor concern about intensifying competition in the sector.

BYD offered discounts on 22 of its electric and plug-in hybrid models until the end of June, fanning the flames of a renewed sector-wide price war. While EV sales have overall reached new annual highs, growth has been decelerating.

To kickstart sluggish consumer demand — made worse by China’s broader economic malaise — automakers in the world’s biggest car market have slashed sticker prices. Even so, stock levels at dealerships last month reached 3.5 million cars, or 57 inventory days, the highest since December 2023, according to data shared last week by the China Passenger Car Association.

Revisions by BYD include paring the price of its Seagull hatchback to 55,800 yuan (US$7,780 or RM32,609), a 20% reduction to a model that was already the carmaker’s cheapest and one that had garnered global attention for its sub-US$10,000 price tag. The Seal dual-motor hybrid sedan saw the biggest price cut at 34%, or by 53,000 yuan to 102,800 yuan.

In recent months, BYD has attempted to clear inventory of older models, including ones without the new driver assist features — which the automaker announced in February would be added to its models for free. The pivot hasn’t been without problems, further hurting the struggling dealerships it does business with.

https://theedgemalaysia.com/node/756680

Ccp companies even dare to give out property discount by 50%

https://www.freemalaysiatoday.com/category/...lf-price-anyone

So this 35% discount is already give face!

This post has been edited by knwong: May 26 2025, 06:30 PM

Lol typical locust behaviour in spoiling market with junk via price manipulation

Anyway talk so much also useless with retarded protectionism here

where 150k sealion

here also 35%? or Sime Darby telan semua?

I was looking for this article that day! Poorperty price never drop wan! Except when XPP developer!

I will consider Sealion 4.5s only when RM100k

Owaiiii

I am still waiting for Xiaomi SU7 ultra. Hopefully by the time it arrives here, everything stabilised

Why price drop so much? Not selling well?

China got too many EV companies producing good n lousy EV. Once the industry consolidates, many wannabes would collapse leaving few strong ones. China is already very advanced in both EV & solar n r leading the world, it is matter of time many legacy carmakers would collapse cos it is already too late to play catchup.

And this is the start of the end of China EVs.

Already told u guys, EV is not the future

kevin mana?

Sime Babi sell EXPANSIVE !!!

Kecian BYD's suppliers. Their profit margin must be razer thin, or non- existent.

Sime Darby won't even budge their prices, regardless international the car prices dropped...

you think Proton gonna drop their price if Geely drops theirs?...

pfftt.....Malaysia land of squeezing citizens of hard earn money....for their luxury business/first class traveling .....and big lump sum expenses that do not detail logic spending....asal rakyat bayar....
i mean rakyat yang bayar TAX....

the 35% masuk their pocket

Bila Seal top spec RM30k?

Keep dreaming... won't happen here. Cronies need to 'eat' like no tomorrow. The best they will give - some freebies like cheap wall charger, etc.

Like that BYD car no more resale value.

Let's see if this happen in thailand

hope they can use the extra margin for better after sales service

Sime liek ' what price drop?'

Oversupply overstock whatever you want to call it.

EV take up rate is low. No matter how you put it.

Die hard EV supporters here they themselves are still driving their fossil fuel fed cars. Lol.

When EV cars got good resale value?

Tesla got.

msia not affected. ap tax and rm100k limit still bring in money like no tmr. good life.

100k min price here is really killing the market when the rest of the world getting cheaper and cheaper EVs.

Very soon they pull out from Sime, pure leaches. Better on their own, can do policies without politicians and cronies approval.

in order for them to go alone like Tesla need to give something like building ev charger infrastructure.

Typical China strategy to wipe out local car market than only they increase their price later on...

same as the china man come to Malaysia factory 40,50 of them without permit to grab away jobs in Malaysia.

really can buy 1 more car for spare part liao.

内卷

sime darby already doing pre-owned car to sell lower thyan 100k. Jusr register the car, let the manager drive for 5,000km then sell as 2nd hand car below 100k

mcm almost every month also BYD slashes price punya
those tht bought BYD really Bei Yang(BYD company) Diu

Hahaha keep dreaming. The cronis will eat all while they can.

Nama also sime barbie expect how

so the petrol vehicle is the best there is, the best there was, the best there ever will be...?

wanna clear stock, read from some news BYD has inventories about 57 days which is crazily high

If Chives want to be Wolf Warriors, they must sacrifice for Motherland.

Tesla also holding lots of stock right....
slashing price is not a good way to go leh....

well- consumer dont mind.

Tesla? When tesla officially launch their rides all those AP imported also slash their Tesla recon price until diarrhea, a lot of owners before that also complain their rides 2nd hand value drop kau kau.

well... tat ain really Tesla slashing price.

1- it was a deal with PMX to set up regional sales center here. they probably got some tax breaks la.
2- it was also AP holding putting the price high for their profit... another word- padan muka loh

shit darby wont sell cheap here, they are called shit for a reason

Sime Darby will milk this till bone dry. That's for sure.

They already assembling cars locally in MY. Tesla bulum.

parts replacement need boss approval ?

Malaysia will become a dumping ground for Chinese EV cars. Just have to wait it out. Now is new Ev cars and existing inventories, next will be second hand imported cars from China, it will be a flood of Ev cars until our local car producers will die out.

byd got meh, not all imported from China?

i wait ZeekR durian jatuh saja.

SEALION 7 PREMIUM RM130K PLIISSSSSHHHH CASH BUYER READY

many local cars also giving huge discounts.

In that point you're right. Many atas people got f* on that deal badly.

byd byE

many fake ev lover here hari hari ask ppl buy ev but sendiri still no buy macam itu max powderslide

Got ask you to buy meh.. like perasan lebih hahaha

Or it's just that your car sucks and you jelly hahahahahaha

ktards Wumaos pun tak support no buy CCP EV

Haha...you also realized. Because they already know whats coming with evs. The usual keyboard warriors who are damn kiamsiap and stingy and scared to die.

This post has been edited by TOMEI-R: May 29 2025, 02:31 PM

True also. in F&F BYD EV Car club pun krik krik je.

No list of owners... they are all here tokok singsong je

Sime Barbie: We don't do that here

LHD car can dump into RHD country?

I thought MITI sudah set RM100k above for import EV?

Majority buy a myvi also loan until die and EV min 100k.. how do you think ppl can afford that lol

Looks like ice car fans the one making most noises these days lol

SimeDarby: Ah, buka apa harga pun boleh jual, blame government je.

Yes Pauline tan article mentioned that the only reason why all these unsold inventory not piling up at our ports is due to the rhd/lhd issue.

Majority ppl don't want to admit that 'we' don't have the buying power, at the same time need to protect our 'national' car makers

Sealion RM 120k soon?

At the end of the day also must look at one's pockets la.

Manufacturers have both lhd and rhd models for export.

After discount it could be less than Rm100k. Buy used also very cheap but most owners cannot afford to sell because loan cannot cover purchase price losses.

So what is holding you back from owning an EV?

Register the car sell at 2nd hand price.

U need different mould for LHD and RHD, especially the dashboard and steering system.

The rest i think it is about the same.

how to do? new car masuk declare to kastam at RM70k, then another same car model masuk declare to kastam at RM50k?

EV in malaysia price stays

giler sakit hati wooo kalau in just few months, price dropped

not only lab rat buyer, the distributor also feel like kena butt raped

after discount 99k oklah 98k but still 100k lol

If buying a 100k car so easy Perodua won't be numba wan sales lol

Now say until buy used.. adui lol..like everyone like buying used car

That's why I say the anti ev/hater the one making these nonsense discussion and worst not even make sense at all sometimes lol

Thank our Great British colonial overlords?

Sime barbie is safe ...phew ......

Later Dage propose that whole asean change to lhd to foster greater economic integration owai.

Wonder if some models have sun roofs. Then during their golden week they can pretend to be Wu Jing and wave the china flag on top of their car

Damn that scene still gets ne

You joke, later ccp say LHD easier to produce for China can give you cheaper price madani really go and believe how?

BYD sell the car to Sime Darby declare at RM30k. Since the car is selling about the same price in China.
Then EV still duty free, so Sime Darby only need to pay 10% SST. So Sime Darby cost for the car is RM33k.
Because MITI not allow them to sell below 100k, but that is for un-register new car only. In order to sell the car below 100k Sime Darby just have to register the car and drive it for few thousand km and declare that as 2nd hand car and sell as 2nd hand price which MITI have no control off.

https://autoselection.simemotors.com.my/649985.html

You can see this car is 2025 4,000km only.


https://www.carlist.my/used-cars/2024-byd-d...nmarie/15728842
EV below RM100k

This post has been edited by keyser soze: May 29 2025, 03:42 PM

Ya you are right but if you walk into ByD, the amount of discount and goodies they give can easily bring it down below 100K. Also, with US Tariff and EU blocking entry of China EV cars, we are definitely the next port of call, they just have to reduce their price border to RM 100K. Wait till you see Sealion selling at RM 120K #soon.

Ya if BYD selling at RM 99 or 98K and perduo latest car coming out at RM 80K, would you rather buy an EV leader car by forking out another 20K or buy local producers first venture into EV cars?

Produa probably get their battery from ByD also.

BYD will be another Evergrande in ccp soon.
Cars overproduction and cannot sell. So all throw into car graveyard there. Price drop every few mths and still cannot sell because their quality sucks. Good luck to BYD owners here.

https://youtu.be/68OIe0fEjWU?si=5tcfEZLkAbnmXiX4

they can do this way but no way they can do like few hundred units

U dare buy ccp property? Later collapse o even though 50% doscount

Those who bought at full price GG.com.

no experience make ev..very unlikely its gonna be a polish product

battery from catl, catl supply many brands they even can sell a whole chassis plus battery to anyone

really ah..statistic show sales going up in chainah and outside chainah

Thanks for this, i stand corrected.

How long ccp govt afford to give tongkat to byd?

Double post

This post has been edited by yed: May 29 2025, 04:18 PM

BYD facing branding issue in China as a lot people using BYD to do ride sharing or taxi service

And naturally China being China, more and more people avoid it these days cause they don't want people to think that they are not doing well

It's like our Bezza here

byd dont see them sell their battery to others, but from news awhile back they selling hybrid system to toyota

but catl biggest now, they even working with nio to make battery swap battery and chassis

so either develop own or buy from chainah companies but p2 now ay spend so much so just buy from catl