Etiqueta: li auto

A hot topic in the EV world lately has been a reported “price war” controversy in China, and perhaps extending a bit beyond that. Some automakers have contended that BYD is engaged in an extreme, destructive price war. We’ve seen various takes on this from different automakers, and China’s Ministry ... [continued]

Zacks spotlights Tesla, Alphabet, and top Chinese EV makers as the Robotaxi race heats up with tech and scale advantages.

China's major automakers and some new carmakers have pledged to shorten supplier payment terms amid concerns about supply chain security.

China's electric car price war shows little sign of letting up, putting more pressure on companies to survive.

Following another round of price cuts last month, BYD is now facing backlash from top Chinese officials and regulators. China...

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...