英文比亚迪22款车型降价-观点与反馈及吉利推出价格折扣：

Specialist SalesAPAC Specialist Sales26 May 2025JPMORGANBYD’s Price Cut on 22 Models - Thoughts & Feedback & Geely rolls out px discounts Joann Kim+852 2800 8016joann.kim@jpmorgan.comCnevpost reported on May 24 (Sat) on BYD’s wide-ranging price discounts, raising price war risk in China (Link). Both BYD -A (002594 CH) and BYD -H (1211 HK) corrected 5.9%/8.6%, respectively. •What happened? : Customers who buy BYD-branded models before June 30 can get discounts of 10-30%. These discount include 22 models from Ocean & Dynasty series mainly cover BYD’s affordable models priced under RMB 150K and Xiao MPV (RMB >200K). In the first 4M of 2025, BYD dealer inventories increased by 150K units, equivalent to half a month’s retail sales, which led to a promotional temp discount from the company. At our Global China Summit, BYD commented it prioritizes volume over profitability when asked on pricing strategy. •Putting The #s into perspective: 22 models that BYD offers discount till June 30 seems