Etiqueta: Great Wall Motor
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.
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.
China’s EV Market Faces Brutal Test After BYD’s Aggressive Price Cuts
BYD's aggressive price cuts are rattling China's EV giants. Margin squeeze and fierce competition threaten the sector's future.
