Chinese EV Tsunami Shakes German Auto Industry: BYD’s 30% Profit Crash and ‘Electrobomber’ Fears
BYD’s Earnings Dive amid Fierce Price War BYD’s October 2025 report shocked investors: third-quarter profit plunged to ¥7.8 billion, down almost 33% from a year ago de.investing.com. CEO Wang Chuanfu has slashed prices across BYD’s model range to fend off competition, triggering the rare profit drop. (In Q2 2025 BYD had already warned of a 30% net income drop ts2.tech.) Analysts say this reflects Beijing’s crackdown on extreme discounting in China’s overheated EV market ts2.tech ts2.tech. Despite the revenue hit, BYD remains China’s sales leader: its 1H 2025 revenue ($51.9 B) exceeded Tesla’s ($41.8 B) for the first time ts2.tech, illustrating its massive