Etiqueta: Great Wall
BYD’s 2 new car carriers with 9,200-vehicle capacity begin sea trials
The BYD Xi'an and BYD Changsha car carriers have entered the sea trial phase and are set to enter service soon.
Chinese government attempts to limit inland price wars
The Chinese government is getting involved in the wave of discounts for electric cars triggered by BYD. At a meeting organised by the Ministry of Industry and
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...
BYD faces EV challenge from Geely and Changan in May amid...
The figures come on the heels of China’s top industry regulator promising to strengthen efforts to rein in “involution-style” competition in the country’s auto industry.
China’s EV Price War Could Offer Short-Term Gains But Long-Term Risks...
BYD is no longer just building electric cars; it’s building pressure. As China’s dominant electric vehicle (EV) maker cuts prices, scales exports, and tightens its grip on market share, competitors, especially at home, are feeling the strain, but in Africa and Asia, the tide may just be what they need ...
EV price war, BYD woes prompt fears of China Evergrande-style crisis
Chairman of Great Wall Motor says EV price war, profitability problem could nudge industry into a liquidity crunch.
BYD’s new price war triggers backlash from industry and regulators
As BYD slashes prices again, automakers, regulators, and suppliers react sharply, warning of unsustainable tactics and long-term market risks
Chinese automakers get stern ‘price war’ warning after discount spree
A top industry group had a stern rebuke Saturday for automakers fuelling a "price war", a week after Chinese EV giant BYD announced sweeping trade-in discounts, with multiple competitors following suit.Days later, Stellantis-backed Chinese EV startup Leapmotor announced similar discounts on two "entry-level" models through June 8.
China’s BYD and Great Wall Motor clash over China’s auto price...
BEIJING (Reuters) - Tensions between two of China's largest automakers erupted into the open on Friday when a BYD executive slammed as alarmist comments by the chief of Great Wall Motor that called the industry "unhealthy". Shares in Chinese automakers such as BYD, Nio and XPeng tumbled this week after the chairman of Great Wall Motor, Wei Jianjun, worried openly about China's deepening price war
BYD exec refutes allegations calling NEV maker ‘Evergrande of auto industry’
BYD's brand chief refuted recent allegations based on metrics including debt ratio, total debt, and payment cycles to suppliers.
