Automundo China

High political walls are hurting an industry vital to the character of the country.

The government has set a goal to reorganize the entire automobile industry, including not only finished cars but also parts makers, to focus on eco-friendly cars. In order to increase the proportion o..

China’s electric vehicle giant BYD (BYDDF) is shifting away from its in-house payment system called Dilian, which it used to pay suppliers through promissory notes. Plans to use commercial paper or bank notes for supplier payments

Under the new approach, BYD plans to use commercial paper or bank notes instead of Dilian’s electronic IOUs, which carry higher default risks an...

BYD launches 2026 Seal 06 DM-i: no option of sub-100 km range any more.

BYD, one of the world's biggest electric vehicle makers, now wants to use commercial paper or ​bank notes to pay suppliers rather than promissory notes issued on Dilian, an electronic platform it launched in 2018, the people said. But a brutal price war in the Chinese auto industry has battered parts suppliers who have complained about increasingly long periods before being paid and pressure from automakers to cut prices. DILIAN NOT DIRECTLY REGULATED China-focused Auto Business Review also reported last week that BYD has, over the past two weeks, started to move away from Dilian notes to bank notes or commercial paper.

Tesla stock is dipping due to weak EV demand in China and Europe, along with ARK Invest's trades, says Gary Black

Detailed price information for Byd Company Ltd ADR (BYDDY) from The Globe and Mail including charting and trades.