Etiqueta: Industry

One of China’s most famous electric vehicle makers, BYD Co., has seen its stock tumble in dramatic fashion. In just four months, the company’s Hong

At the same time, rivals including Geely Automobile Holdings Ltd. and Zhejiang Leapmotor Technology Co. are gaining ground. “While I believe investors retain a positive long-term view, there is a real concern around BYD’s aggressive ‘market share gain by pricing pressure’ strategy in the anti-involution context,” said Kevin Net, head of Asian equities at Financiere de L Echiquier.

China's BYD said on Monday it would actively respond to an industry initiative that fleshes out rules on automakers making timely payments to suppliers, joining others in complying with a government call against price wars. The Chinese electric vehicle giant said it will focus on order confirmation, delivery and acceptance, payment and settlement, and contract duration among other key links in ensuring timely payments. The statement and similar pledges by major Chinese automakers including SAIC Motor, Changan, Chery and Xiaomi followed an initiative by China's Association of Automobile Manufacturers earlier in the day.

The company’s profit slid for the first time in more than three years, delivery targets were cut, and rivals like Geely and Leapmotor are winning share as Beijing cracks down on price wars.

BYD is under pressure to rebuild investor confidence after a $45 billion stock selloff wiped more than 30% off its Hong Kong shares in just four months, the steepest underperformance among peers. Analyst sell ratings are at their highest since 2022, reflecting skepticism over the Chinese EV maker’s strategy of leading the industry in deep discounts...

Analysts believe that the next major trigger for BYD will be the launch of its new models in the first quarter of 2026. Some of its upcoming launches were postponed to next year, to make the new vehicles more competitive with its rivals.

This is the first of a monthly series about China’s MIIT list that unveils upcoming vehicles long before their official launch. Today, with cars from Baojun, iCar, Leapmotor, Toyota, and Voyah. Huawei is ever-present, supplying motors and software to almost everybody. There’s a truck too, and an H8 motorbike.  What is the MIIT list? Every […]

NEW YORK, Sept 14 — Electric car rivals BYD and Tesla are set to be the biggest losers from Mexico’s proposed 50 per cent tariff on autos imported from China, triggering a...

China uses subsidies extensively to take a leading role in the global markets of green-tech products such as battery electric vehicles and wind turbines. Against the background of the current EU investigations into Chinese subsidies in these sectors, this article takes a careful look at the Chinese subsidy system and provides new data on direct government subsidies to leading Chinese producers of electric cars and wind turbines. Extensive government support has allowed Chinese companies to scale up rapidly, to dominate the Chinese market and to expand into foreign markets. The article concludes that the EU should use its strong bargaining power due to the single market to induce the Chinese government to abandon the most harmful subsidies.