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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.
BYD asks suppliers to cut prices as China auto war intensifies
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.
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 ...
1d
on MSN
Electric vehicle deal with China is not close, top EU trade official says
Fifty hours of negotiations ‘have not led to an agreement on price undertakings’, Sabine Weyand, EU director general for ...
1d
Volkswagen and Chinese partner SAIC to sell joint venture plant in west China's Xinjiang
Volkswagen and SAIC Motor say they have agreed to extend their 40-year-old automaking joint venture in China until 2040 ...
GlobalData on MSN
3d
EU-China electric vehicle tariff negotiations near resolution – report
Separately, Beijing has instructed its auto manufacturers to pause investments in EU countries supporting additional tariffs.
9d
on MSN
XPeng sees ‘knockout’ phase in China’s auto market in the next few years
The U.S.-listed shares of XPeng Inc. were getting a lift in early Tuesday trades after the China-based electric-vehicle maker ...
1d
Electric cars need a recharge as range limits, cost leave some drivers skeptical
While sales of electric vehicles surge in China, the spread of more environmentally friendly vehicles is stumbling in the ...
9d
China’s Hottest EV Stock Xpeng Faces Earnings Test After 93% Run
While Tesla Inc. is grabbing the headlines, Xpeng Inc. has been the hottest electric vehicle stock over the past few months ...
Dagens.com (AU) on MSN
9h
Porsche Reconsiders Electric Cars, Doubles Down on Petrol Models
Porsche is shifting gears when it comes to its electric vehicle strategy. The iconic Zuffenhausen-based brand has decided to ...
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