GUANGZHOU -- Chinese electric vehicle giant BYD's meteoric growth has hit a plateau due to fierce competition at home, with the automaker's monthly new-vehicle sales falling in September for essentially the first time in five years.
Electric vehicles
BYD's growth slows to a halt as fierce competition cuts into China sales
EV maker sees rare dip in September, works to expand in Europe
BYD has grown in part by offering steep discounts on its EVs, like the compact Seagull. (Photo by Shizuka Tanabe)
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