Etiqueta: Great Wall Motor
Chinese automakers including BYD, Geely, Xpeng pledge to shorten payment cycles...

China's major automakers and some new carmakers have pledged to shorten supplier payment terms amid concerns about supply chain security.
Spat between BYD and Great Wall Motor intensifies as Geely, GAC...

BYD, already a clear leader in the Chinese auto market, has been accused of indulging in unfair competition with repeated price cuts and by forcing others to follow suit.
Chinese Automakers Sent To The Principal’s Office Over EV Price War...

I recall the Chinese EV market getting into an extreme price war a couple of years ago, and then another one, and then another one…. The market has been in a series of prices for a long time, and BYD reportedly started another one recently. Some other big players in ... [continued]
China’s EV makers turn on BYD as price war escalates
BEIJING/SHANGHAI (Reuters) -Fierce competition among China's leading EV makers has intensified, with a long-running dispute between BYD and Great Wall Motor over emissions compliance escalating after Geely joined in to criticise BYD's aggressive price cuts. The row dates back to 2023, when Great Wall Motor reported BYD to Chinese regulators, alleging that its two best-selling hybrid models failed to meet emissions standards. The issue re-emerged last month when Great Wall’s chairman, Wei Jianjun, expressed concerns about the ongoing price war and confirmed that the regulatory probe was still active.
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
El gobierno chino intenta limitar la guerra de precios en el...

El gobierno chino se está implicando en la oleada de descuentos para coches eléctricos impulsada por BYD. En una reunión organizada por el Ministerio de Industria y
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.
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.
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.