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BYD Asks Suppliers to Cut prices

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BYD Asks Suppliers to Cut prices
Also in today’s rundown: SAIC and Volkswagen extend tie-up through 2040, Pudong's party chief busted

BYD launches sodium-ion grid-scale BESS product

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BYD launches sodium-ion grid-scale BESS product
BYD has launched what it claimed is the 'world's first high-performance' sodium-ion BESS product, using its Long Blade Battery cell.

Tesla China’s year-end promotions seem to be working very well

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Tesla China has implemented a number of initiatives to encourage sales of the Model Y and Model 3 to domestic customers before the end of Q4.

Tesla’s Robust Supply Chain in China Drives Unmatched Efficiency

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Tesla’s rise as a dominant force in the electric vehicle (EV) market owes much to not only its innovative manufacturing processes and advanced technology, but also its robust supply chain. Nowhere is this more evident […]

Tesla and BYD are gearing up for another round in China’s...

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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.

What’s Going On With Tesla’s Chinese Rival NIO Stock Today?

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NIO's stock is up 2.55% in premarket trading as the company prepares to open its first Nio House in the UAE, despite recent analyst downgrades and a challenging outlook.

BYD responds to reported 10% price cut targets on its suppliers,...

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BYD responds to reported 10% price cut targets on its suppliers, claims it is not mandatory
Annual price negotiations with suppliers are customary in the automotive industry, Li Yunfei, general manager of Chinese carmaker BYD's Brand and Public Relations Department, said on Wednesday. The post came after a leaked e-mail sent from BYD to its suppliers showed that the automaker asked suppliers to reduce prices by 10 percent from January 1, 2025.

US firms showcase strong collaboration with Chinese supply chains at 2nd...

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At the ongoing 2nd China International Supply Chain Expo (CISCE) in Beijing, US companies have a prominent presence, as leading companies such as Apple and Tesla showcased their strong collaboration with Chinese partners and highlighted the importance of China in their supply chains. Experts said the enthusiastic participation of American companies in CISCE underscores the completeness and competitiveness of China's supply chain as a key attraction.

Chinese Automakers Tell Suppliers to Cut Costs as Price War Deepens

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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.

Auto Guangzhou 2024: BYD starts accepting pre-orders for BEV, PHEV variants...

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Auto Guangzhou 2024: BYD starts accepting pre-orders for BEV, PHEV variants of Yangwang U7 sedan
On November 15, at the Auto Guangzhou 2024, BYD started accepting pre-orders for the battery electric (BEV) and plug-in hybrid electric (PHEV) variants of the Y ...