China’s EV price war is so brutal that BYD is trying to pinch its suppliers
China’s top maker of electric vehicles (EV) wants to pay a lot less for car parts in the new year, a demand that signals ...
China’s carmakers don’t see the country’s fierce price war ending anytime soon as they press suppliers for discounts
Both BYD and SAIC Motor reportedly asked suppliers for 10% discounts amid fierce competition in China's oversaturated EV ...
Chinese Automakers Tell Suppliers to Cut Costs as Price War Deepens
China’s electric vehicle market is the world’s largest — and its most cutthroat, with dozens of brands jostling for position.
Leaked BYD Letter Signals China EV Price War Is Set to Intensify
BYD Co. has asked suppliers to accept price cuts next year in a signal the Chinese electric vehicle maker is preparing for ...
Lebanon’s Shiite Muslims pay high price in war between Israel and Hezbollah
Hezbollah war are Shiite Muslims, and many of them believe they are being unfairly punished because they share a religious ...
China's 'ruinous' EV price war cannot last forever, says Volkswagen exec
Thomas Schäfer, CEO of the Volkswagen brand, is bullish about the German automaker's prospects in China and the US amid a ...
BYD asks suppliers to cut prices as China auto war intensifies
Chinese automaker BYD is asking its suppliers to cut their prices, in a sign that a brutal price war in the world's largest ...
Digi Times6h
2025 EV price war looms as SAIC joins supply chain cost-cutting push
On November 26, BYD announced a directive requiring its suppliers to implement a 10% cost reduction starting January 1, 2025.
Scotia cuts targets on telecoms, with no end to Quebecor's mobile price war in sight
Scotia Capital lowered its price targets for Canada’s four largest telecom companies on Tuesday, saying the high odds of ...
ZTO Express: Expect An Extended Price War, Downgrade To Hold
ZTO Express' growth is hindered by a price war and market share loss. See why ZTO stock is downgraded to a "hold" rating amid inconsistent strategies.
Business Insider5d
China's 'ruinous' EV price war cannot last forever, says Volkswagen exec
Volkswagen remains firmly committed to China despite a "ruinous" EV price war by domestic rivals that has hit overseas automakers hard, its boss said. Thomas Schäfer, CEO of the VW brand ...