BYD Company (BYDDY), which is the world’s largest electric vehicle company by sales volume, has witnessed a subdued period in terms of stock price-action. In the past 52 weeks, BYDDY stock has declined by 31%.
The correction has been a combination of multiple factors that include global macroeconomic headwinds, supply-chain challenges, intense competition translating into a price war, and sluggish domestic (China) sales.
