BYD's Delivery Stalls Amidst Price War in China's EV Market

BYD, a big electric car company in China, sold fewer cars in July.

This is because of a price war, where companies are lowering prices to get more customers.

BYD had cut prices on some of its cars, but other companies are still selling a lot.

The government is worried that this price war could cause problems for the market.

Some other car companies like Li Auto and Nio also sold fewer cars, but Xpeng and Xiaomi did well.