TOKYO -- A prolonged EV price war in China is weighing on industry leaders like BYD, with the stocks of Japanese automakers involved in the market also taking a hit.
Chinese subsidies, improved quality add to headwinds faced by Nissan, Honda
Warren Buffett-led Berkshire Hathaway has drawn down its stake in BYD to less than 5%. © Reuters
TOKYO -- A prolonged EV price war in China is weighing on industry leaders like BYD, with the stocks of Japanese automakers involved in the market also taking a hit.