Chinese electric-vehicle maker BYD recently sent a letter requesting 10% price reductions by its suppliers, according to Bloomberg. BYD didn’t immediately respond to a request f ...
China is the world's largest car market and domestic brands are dominating with a surge of electric vehicles. Japanese automakers are losing ground across Asia. Although Chinese automakers face ...
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 ...
In China itself, the world’s largest car market, Japanese automakers are fighting for survival as local competitors flood showrooms with wave after wave of electric vehicles. The same Chinese ...