Etiqueta: Evergrande
BYD: The Biggest Scam in Automotive History?

Tesla is no longer the world’s top EV seller. A Chinese rival has surged ahead with futuristic cars, eye-watering sales, and global ambitions backed by billions in state support. Yet beneath the glossy image lie hidden debts, recalls, and growing international scrutiny.
Behind BYD’s sales surge, suppliers warn of late payments and margin...

Chinese electric vehicle giant BYD has publicly dismissed comparisons to the troubled property developer Evergrande, rejecting online speculation that it might be headed for similar financial turbulence. Yet behind closed doors, some of its suppliers tell a different story — one of inconsistent payments, tightened profit margins, and mounting caution across the supply chain.
BYD’s Dominance and the Fragility of China’s EV Ecosystem

BYD's Dominance and the Fragility of China's EV Ecosystem
Is BYD, China’s Flagship EV Maker, the Next Evergrande?

There is a shocking zero-profit secret behind China's EV giant. As it squeezes out competitors, can BYD survive an honest assessment of its weak balance sheet?
China to curb EV price wars as oversupply sparks industry alarm

The Chinese government is signaling enough is enough when it comes to the fierce competition in the country's electric car market.
China's...
China shows signs of tackling the price wars that are taking...
The Chinese government is signaling enough is enough when it comes to the fierce competition in the country’s electric car market.
Chinese carmakers vow to make timely supplier payments as backlash to...

Major Chinese car manufacturers have pledged to make payments to suppliers within 60 days, responding to a recent outcry from steelmakers over long payment times as well as regulatory pressure as the backlash to a punishing price war grows.
‘Gunpowder’ price wars, Japan’s US$7,000 single-seat car: 7 EV reads

From Xiaomi’s electric car unit’s potential profit to fears of an Evergrande-style collapse, here are seven EV stories you may have missed.
BYD: Will it become the next Evergrande?

Recently, the automotive industry has been in an uproar: Great Wall Motors' Chairman Wei Jianjun's statement "the Evergrande of the automotive industry already exists, it just hasn't exploded yet" instantly ignited public opinion. Although no names were mentioned, all eyes are on BYD, which has liabilities of 594.3 billion yuan. At the same time, BYD launched the largest price cut in history during the "618" shopping festival, with 22 models seeing discounts of up to 53,000 yuan, directly causing a major dip in the new energy vehicle sector. This move has made investors restless: on one hand, there's the overwhelming "Evergrande theory," and on the other, a fierce price war...
Massive Price Cuts, Exploding Debt — Is BYD the Next Corporate...
The recent moves of BYD are filled with a sense of crisis, to the point where the title of China’s No. 1 and the world’s largest electric vehicle company is meaningless. The strategy recently chosen by BYD, a symbol of the Chinese electric vehicle industry and backed by the government’s full support, was surprisingly ultra-low price discounts. Behi...