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China, EV and BYD

CNN on MSN · 6h

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.

Fortune on MSN · 4h

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.

Business Insider on MSN · 1d

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.

Bloomberg L.P. · 1d

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.

The Financial Times · 1d

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.

12h

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 ...

58m

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 ...

4don 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?

5h

China-EU negotiations on EV tariff price commitment ongoing: MOFCOM

MOFCOM spokesperson He Yadong at a press conference on December 28, 2023 Photo: Tao Mingyang/GT. Negotiations between China ...

Electronics Purchasing and Supply News1d

China’s EV Prowess Disrupts U.S. & EU Car Makers

The European EV industry faces significant challenges, including intense competition from Chinese EV and battery ...

Interesting Engineering on MSN4d

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 ...

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 ...

Supply Chain20h

Chinese EV Companies Push Suppliers to Slash Costs

According to a companywide email from BYD executive vice president He Zhiqi, a decisive battle is underway across China's EV ...

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