BYD Price-Floor Controls and 2025 EV Lead Pressure Toyota Motor Shares Down 20%
TM•BYD’s vice-president warns not all will survive as the Chinese EV leader uses price-floor controls and overtook Tesla in 2025 EV sales, heightening existential threats to legacy automakers like Toyota Motor. Concurrently, Asia’s AI tech index has climbed almost 10% since the US-Iran war began, while Toyota shares tumbled 20%.
1. Intensified EV Competition from BYD
As BYD implemented price-floor controls to prevent loss-leading sales, it overtook Tesla last year to become the global top EV seller. BYD’s vice-president warned that not all manufacturers will survive this intense landscape, heightening existential concerns for legacy automakers like Toyota Motor.
2. Macro Headwinds from Middle East Conflict
Asia’s AI-driven tech index has climbed nearly 10% since the US-Iran war began, but most sectors face pressure from higher energy costs. Toyota Motor shares fell about 20% during this period as elevated fuel prices and war-driven market strains weighed on its performance.
