Goldman Sachs, however, downgraded Nio to "sell" from "neutral," citing lukewarm order momentum, slow production ramp-up and ...

The auto industry is in turmoil as car manufacturers such as Volkswagen, Ford, Stellantis struggle to adjust to higher ...

Both BYD and SAIC Motor reportedly asked suppliers for 10% discounts amid fierce competition in China's oversaturated EV ...

Northvolt’s ambition was to challenge the dominance of Asian battery makers, such as CATL and BYD in China. The company ...

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 ...

BYD moves to shield itself from looming US tariffs as President-Elect Trump threatens new import taxes on Chinese, Canadian, ...

Chinas NEV giant BYD is urging suppliers to slash prices by 10% starting January 2025 to sustain its edge in an increasingly ...

China’s electric vehicle market is the world’s largest — and its most cutthroat, with dozens of brands jostling for position.

According to a companywide email from BYD executive vice president He Zhiqi, a decisive battle is underway across China's EV ...

BYD has become a relentless discounter in the price war that Tesla started in the world's largest auto market last year. That ...

Also on tap today: how Korea's Hyundai Motor Group plans to do battle against China's electric vehicle sector, and Mexico ...

Chinese electric-vehicle maker BYD recently sent a letter requesting 10% price reductions by its suppliers, according to Bloomberg. BYD didn’t immediately respond to a request f ...