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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.
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.
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.
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.
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.
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
7h
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 ...
2d
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 ...
CNBC Africa
2h
China’s Auto Takeover: BYD Vs. Tesla And The Battle For EV Supremacy | CNBC Marathon
CNBC examines China’s rapidly growing automotive industry, focusing on its technological advancements, increasing exports, ...
6d
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?
2d
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 ...
1d
What Xi's flying visit to Morocco means for China's EV industry
On his way back from the G20 summit in Brazil last week, Chinese President Xi Jinping made a quick, but important, stop in ...
2d
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 ...
2d
China’s EV boom threatens to push petrol demand off a cliff
The growing popularity of electric trucks, as well as those that run on liquefied natural gas, is also weighing on demand for ...
1d
on MSN
EU and China advance towards alternative solution for EV tariffs
The EU and China are expected to continue talks regarding the alternative solution to replace the EU’s newly imposed tariffs ...
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