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BYD, China
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 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 '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.
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.
Leaked BYD Email Threatens EV Price War Escalation
Chinese electric vehicle manufacturer BYD is intensifying its role as a dominant force in the global automotive industry. A leaked internal email suggests the company plans to deepen its price war
Chinese EV maker BYD asks dozens of suppliers for price cuts, Yicai reports
Chinese electric vehicle maker BYD , has requested price cuts from dozens of its suppliers, state-owned news outlet Yicai reported on Friday citing unidentified sources.
BYD suppliers reportedly dissent over latest price cut request
Some Chinese parts suppliers have expressed their dissatisfaction over a recent request from BYD to cut their prices by 10% starting next year, saying any
Leaked BYD Email Pressures Suppliers To Slash Costs For 2025 EV Price Wars
The world’s largest manufacturer of electrified vehicles says it regularly requests price reductions from key suppliers as part of its annual negotiations
Investor's Business Daily on MSN
1h
No. 1 Tesla Rival Prepares For Sharper Price War; EV Sales Due
Tesla rivals Li Auto and XPeng reported November sales on Sunday, with Nio, Zeekr and perhaps BYD also on tap.The Chinese EV ...
23h
on MSN
I drove the Xiaomi SU7 that Ford's CEO raved about. An EV from a smartphone maker simply shouldn't drive this well.
Ford's CEO loved driving the Xiaomi SU7 and our reviewer can see why. He says the Chinese EV looks great, delivers on ...
3d
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 ...
2d
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 ...
2d
Chinese EV makers’ market share declines for fourth month in Europe amid tariff pressure
Chinese EV makers struggle in Europe with slipping market share and new tariffs, as trade tensions and reduced subsidies ...
Digi Times
2d
Xiaomi's financial strength positions it to disrupt China's fiercely competitive EV market
The Chinese electric vehicle (EV) industry is characterized by intense competition as numerous automakers aim to achieve ...
3d
Chinese EV makers’ ‘do-or-die’ moment, Hyundai’s US$500 million investment: 7 EV reads
From China’s cutthroat clean energy vehicle market to Malaysia eyeing Southeast Asia’s EV hub crown, here are seven EV ...
6d
on MSN
Thailand, the “Detroit of Southeast Asia” is at the forefront of China’s battle for the global auto market
He’s part of a growing number of Thai drivers buying EVs sold by Chinese car companies but made in Thailand, a nation that’s ...
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