Etiqueta: Zeekr

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

The world’s largest EV maker now has the world’s fastest DC charger

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...

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.

BYD has announced new partnerships to significantly expand its network of megawatt charging stations for electric cars beyond the 4,000 planned to date. BYD

BYD chairman Wang Chuanfu delivered the 10,000th N9 to Zhou Jian, founder of UBTech.

A ruthless discount blitz from BYD is shaking the foundations of China's auto industry and threatening mass consolidation

At the Shanghai Auto Show, humanoid machines stole the spotlight, now they’re headed to the factory floor.