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- Claim Text
-
It said on Friday that its profits fell by almost a third in the spring compared with a year earlier because of price competition.
- Simplified Text
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BYD said its profits fell by almost a third in the spring compared with a year earlier because of price competition
- Confidence Score
- 1.000
- Claim Maker
- Keith Bradsher
- Context Type
- News Article
- Context Details
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{ "date": "2025-09-02", "topic": "Electric Vehicles", "author": "Keith Bradsher", "company": "BYD", "location": "China", "statistic": "Profits fell by almost a third", "time_period": "Spring 2025" } - Subject Tags
- UUID
- 9fc873ba-5c62-4b49-8e99-0d71a40ceabc
- Vector Index
- ✗ No vector
- Created
- September 2, 2025 at 5:07 PM (1 week ago)
- Last Updated
- September 2, 2025 at 5:07 PM (1 week ago)
Original Sources for this Claim (1)
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1 week ago
https://www.nytimes.com/2025/09/02/business/china-electric-vehicles-overcapacity.html?campaign_id=9&emc=edit_nn_20250902&instance_id=161721&nl=the-morning®i_id=122976029&segment_id=205087&user_id=b25c5730c89e0c73f75709d8f1254337
China's electric vehicle market booms, but overcapacity and price wars threaten stability. The government attempts to curb excessive competition, but challenges remain.
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