Chinese auto shares volatile as investors search for next BYD

GUANGZHOU — The cutthroat price competition among Chinese electric vehicle makers has produced clear winners and losers in the stock market, with EV powerhouse BYD losing shine among investors who are turning to rivals who best distinguish themselves.

On Tuesday, Li Auto reported on its website that it ranked fourth in sales volume in the new energy vehicle market for the week through Sunday, the highest among luxury brands.

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