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China, EV and BYD
China’s EV price war is so brutal that BYD is trying to pinch its suppliers
China’s top maker of electric vehicles (EV) wants to pay a lot less for car parts in the new year, a demand that signals there is no end in sight to a vicious price war nor economic gloom marked by lower wages and uncertain prospects.
China’s carmakers don’t see the country’s fierce price war ending anytime soon as they press suppliers for discounts
Both BYD and SAIC Motor reportedly asked suppliers for 10% discounts amid fierce competition in China's oversaturated EV sector.
Tesla and BYD are gearing up for another round in China's brutal EV battle
Elon Musk's EV maker and BYD are asking suppliers to cut prices and rolling out discounts as they brace for another round in China's brutal EV battle.
Leaked BYD Letter Signals China EV Price War Is Set to Intensify
BYD Co. has asked suppliers to accept price cuts next year in a signal the Chinese electric vehicle maker is preparing for the brutal price war in the world’s biggest auto market to intensify.
BYD asks suppliers to cut prices as China auto war intensifies
BEIJING (Reuters) -Chinese automaker BYD is asking its suppliers to cut their prices, in a sign that a brutal price war in the world's largest auto market is set to escalate. Citing a leaked email dated Nov.
China's 'ruinous' EV price war cannot last forever, says Volkswagen exec
Thomas Schäfer, CEO of the Volkswagen brand, is bullish about the German automaker's prospects in China and the US amid a push to slash costs at home.
14h
China’s EV Boom Threatens to Push Gasoline Demand Off a Cliff
From Tesla chargers in the ancient alleys that surround the Forbidden City in Beijing to lonely highway rest stops with ...
2h
Beyond Northvolt bankruptcy, a story of the West struggling China tightening its grip on EV, clean tech markets
Northvolt’s story isn’t just about the big bucks of its big backers. It has doled out some important lessons about what’s ...
4d
on MSN
The shocking truth behind China’s EV dominance and America’s uphill battle
With cutting-edge advancements and massive investments, China is outpacing the U.S. in EV development, can America catch up?
Electronics Purchasing and Supply News
1d
China’s EV Prowess Disrupts U.S. & EU Car Makers
The European EV industry faces significant challenges, including intense competition from Chinese EV and battery ...
Interesting Engineering on MSN
4d
China EV industry hits new peak in Google Trends, surpasses 10 million units
Recent Google Trends analysis reveals that consumer interest in China's electric vehicles far exceeds attention to broader ...
2d
Will Trump’s plan to kill the EV tax credit help China?
As the incoming Trump administration prepares to make aggressive cuts to government spending, one major provision of the ...
scmp.com
4h
China’s EV boom threatens to push petrol demand off a cliff
From Tesla chargers in the ancient alleys that surround the Forbidden City in Beijing to lonely highway rest stops with ...
Supply Chain
22h
Chinese EV Companies Push Suppliers to Slash Costs
According to a companywide email from BYD executive vice president He Zhiqi, a decisive battle is underway across China's EV ...
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BYD
Electric vehicle
European Union
price war
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