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Bloomberg L.P. · 9h

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 · 5h

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 · 3h

Chinese Automakers Tell Suppliers to Cut Costs as Price War Deepens

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

The Financial Times · 4h

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.

2h

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 ...

20m

Volkswagen, partner SAIC to sell joint venture plant in west China's Xinjiang

Bangkok — Volkswagen AG and Shanghai's SAIC Motor have agreed to sell a factory in China's far western Xinjiang region that ...

2hon MSN

Electric car sales are slowing in the US and Europe as both fans and skeptics share concerns

While sales of electric vehicles surge in China, the spread of more environmentally friendly vehicles is stumbling in the ...

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.

DPA International on MSN2h

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 ...

9h

Exclusive: China's Hesai to halve lidar prices next year, sees wide adoption in electric cars

China's Hesai Group , the world's largest maker of lidar sensors for autonomous driving, said it plans to slash the price of ...

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 ...

Iowa Public Radio4d

How will China impact the future of climate change? You might be surprised

As a new Trump administration signals a retreat on climate action, China is stepping up. China is the biggest producer of ...

4d

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 ...

2d

EV Battery Maker Calls for Cheaper EU Energy to Counter China

The South Korean owner of the European Union’s largest factory of electric-vehicle batteries called on the bloc to reduce ...

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