Automundo China

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.

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.

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.

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

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 ...

Toyota, BYD Co and Honda have been highlighted in this Industry Outlook article.

Chinese automaker BYD has set negotiable price reduction targets for suppliers of large-scale purchases, a BYD executive's post on social media platform Weibo shows. The notice was...

China's BYD sets negotiable price reduction targets for suppliers

BYD is asking some of its passenger car suppliers to lower their parts quotes, as it expects competition in the NEV market to be fiercer in 2025.

BYD has launched the Han, Tang, Song Plus DM-i, and Seal in Guatemala, marking a significant step in its entry of NEVs into Central America.