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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.
China’s EV price war set to intensify next year as BYD squeezes suppliers
The carmaker urged its suppliers to send over their quotes by December 15 and officially mark down prices starting next year, executive vice-president He Zhiqi wrote in an email circulated on social media on Wednesday.
1h
Renault Goes on China Hiring Spree to Bolster EV Push at Home
Renault SA is trying to strengthen its electric-vehicle business at a time of flagging demand by building up its footprint in ...
16h
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 ...
4h
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 ...
1h
Dragons In Detroit? China’s Secret To Automotive Success
Today, Chinese automakers have become a formidable force, coming a long way to loosen the stranglehold that Western and ...
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?
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
5h
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 ...
3d
EU not close to deal with China on EV tariffs, officials say
European Union and Chinese officials are discussing alternatives to European tariffs on Chinese electric vehicles (EV), ...
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BYD
Electric vehicle
European Union
price war
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