Tobias Merkendorf <p>ICYMI
Chinese <a class="hashtag" rel="nofollow noopener" href="https://bsky.app/search?q=%23automobile" target="_blank">#automobile</a> manufactures are stuck in a price war. There is not enough demand domestically to absorb the cars built.
And demand abroad is also not sufficient.
Seems like <a class="hashtag" rel="nofollow noopener" href="https://bsky.app/search?q=%23overcapacity" target="_blank">#overcapacity</a> is a thing.
<a class="hashtag" rel="nofollow noopener" href="https://bsky.app/search?q=%23byd" target="_blank">#byd</a> <a class="hashtag" rel="nofollow noopener" href="https://bsky.app/search?q=%23xiaomi" target="_blank">#xiaomi</a>
<a href="https://www.cnbc.com/2025/08/04/chinas-byd-posts-first-delivery-dip-in-2025-as-ev-price-war-bites.html" rel="nofollow noopener" target="_blank">www.cnbc.com/2025/08/04/c...</a><br><br><a href="https://www.cnbc.com/2025/08/04/chinas-byd-posts-first-delivery-dip-in-2025-as-ev-price-war-bites.html" rel="nofollow noopener" target="_blank">China’s BYD breaks delivery gr...</a></p>