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China, BYD

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.

CNN · 2d

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.

Reuters on MSN · 3d

BYD asks suppliers to cut prices as China auto war intensifies

BEIJING (Reuters) -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. Citing a leaked email dated Nov.

The New York Times · 3d

Chinese Automakers Tell Suppliers to Cut Costs as Price War Deepens

China’s electric vehicle market is the world’s largest — and its most cutthroat, with dozens of brands jostling for position.

The Financial Times · 3d

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.

3don MSN

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 ...

SAIC Volkswagen agrees to sell controversial Xinjiang, China, auto plant

Germany's Volkswagen Group and its Chinese partner have sold a factory in the Xinjiang region of China, where accusations of ...

GM Authority1d

Updated 2025 Cadillac XT6 Launches In China

The updated 2025 Cadillac XT6 is now on sale in China, which features a revised cabin with standard six-passenger seating and ...

Volkswagen to Exit China’s Xinjiang Region After 12 Years

The automaker has long been criticized by human rights activists for doing business in the territory, where China has ...

3don MSN

Volkswagen Sells Plant In China’s Xinjiang Region After Years Of Forced Labor Allegations

Earlier this year, the U.S. blocked imports of several Porsche, Bentley, and Audi vehicles amid concerns that they contained ...

Yicai Global3d

SAIC, Volkswagen Extend China JV Tie-Up to 2040

Based in Anting in Shanghai's Jiading district, SAIC Volkswagen has production bases in Nanjing, Yizheng, Urumqi, Ningbo, ...

VW buckles after years of pressure to sell up in Xinjiang

Volkswagen will sell its operations in China's Xinjiang, it said on Wednesday, after years of mounting pressure to abandon ...

Autocar Pro3d

Volkswagen Group advances ‘In China, for China’ strategy, extends JV with SAIC until 2040

Over the next three years alone, the Group and its brands will bring 40 new models to the Chinese market, half of which will ...

GlobalData on MSN1d

VW Group and SAIC extend JV agreement period to 2040

At the same time, Volkswagen and SAIC are also accelerating the transformation of their joint venture company, SAIC ...

DPA International on MSN3d

Volkswagen divests from controversial plant in China's Xinjiang

German carmaker Volkswagen is withdrawing from its controversial involvement in a factory in China's Xinjiang province, which ...

Exclusive-Mercedes to use Momenta software in 4 models, accelerate China comeback, sources say

Mercedes-Benz is betting on China's Momenta to help it win back market share in the world's biggest auto market, with plans ...

Gangnamtimes on MSN2d

Audi Unveils 764-HP Electric Concept Car with a Range of 435 Miles—Just for China

Audi partners with SAIC to launch a new EV brand in China, featuring a unique design and advanced performance for local ...

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