Transportation
BYD Sales Drop for Third Month as EV Competition Heats Up
BYD Co. electric vehicles on display at one of the company's showrooms in Shanghai.
Photographer: Qilai Shen/BloombergBYD Co.’s sales fell for a third straight month as the world’s largest electric vehicle maker faces intensifying competition from rivals churning out popular models.
The company delivered 480,186 vehicles in November, a 5.3% drop from the same period a year earlier.