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ID: 55040446 Video

Headline: BYD Profits Hit by Fierce Price War in China's EV Market

Caption:

Shares of Chinese electric vehicle giant BYD dropped by up to 8% on Monday, after the company reported a sharp fall in profits.

Keywords: Motoring,BYD,profits hit,fierce,price war,China,EV,electric vehicle,market,shares,prices,drop,falling,net earnings,cars,automobiles,global markets,Nio,XPeng,Tesla,rivals,brands,squeezing margins,loans,dealers

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