Etiqueta: News

BYD moves to shield itself from looming US tariffs as President-Elect Trump threatens new import taxes on Chinese, Canadian, and Mexican goods. The China-based EV giant has reportedly ordered suppliers to slash costs by 10% starting in 2025.

Also in today’s rundown: SAIC and Volkswagen extend tie-up through 2040, Pudong's party chief busted

BYD has launched what it claimed is the 'world's first high-performance' sodium-ion BESS product, using its Long Blade Battery cell.

Annual price negotiations with suppliers are customary in the automotive industry, Li Yunfei, general manager of Chinese carmaker BYD's Brand and Public Relations Department, said on Wednesday. The post came after a leaked e-mail sent from BYD to its suppliers showed that the automaker asked suppliers to reduce prices by 10 percent from January 1, 2025.

China's BYD sets negotiable price reduction targets for suppliers

BEIJING, Nov 25 (Reuters) - China's electric vehicle giant BYD (002594.SZ), said it will launch a new generation of blade batteries in 2025

Cao Shuang revealed that BYD is planning to release the next generation of Blade batteries for EVs in 2025.

“This is sort of a good thing for the reputation of Chinese-made cars in Europe over the long term,” said Paul Gong, head of China auto research at UBS.

The Sheinbaum administration’s relations with the Asian giant, particularly in the auto industry, is straining Mexico’s ties with its North American partners ahead of the 2026 USMCA review