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Bloomberg L.P. · 23h

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.

Reuters on MSN · 19h

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 · 17h

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 · 18h

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.

7m

EV sales' boom in China threatens to push gasoline demand off a cliff

There are still a lot of unknowns about how China's uptake of EVs will play out, such as whether full electrification can ...

16hon 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 ...

18h

After fast start, 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 ...

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 ...

GlobalData on MSN2d

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.

8h

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 ...

5d

EU, China close to agreement over EV import tariffs, leading MEP says

Brussels and Beijing are nearing a solution over tariffs on Chinese electric vehicle imports into the bloc, the chair of the ...

2h

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 ...

1d

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 ...

Business Times2h

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 ...

CCN on MSN4d

Can China’s Crowded EV Market Find Room for Growth Amid Western Restrictions?

In the last decade or so, a string of Chinese electric vehicle (EV) makers has emerged. However, their growth so far has been ...

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