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

THERE’S a lot of chatter about electric cars being expensive. They are. But that’s just a symptom of a bigger problem. Cars are expensive, full stop. Even with petrol superminis, you’ll be lucky ...

Also in today’s newsletter, BYD demands suppliers slash prices, and Infosys chair predicts companies will develop their own AI models ...

China’s Hesai Group, the world’s largest maker of lidar sensors for autonomous driving, said it plans to slash the price of its key product by half next year which should lead to far wider adoption of ...

The VW plant in Xinjiang has been associated with allegations of forced labor for years. VW has now parted company with the ...

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

The latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, ...

Workers work on the assembly line at a factory of vehicle manufacturer BYD Auto in Xi'an, northwest China's Shaanxi Province.

According to a leaked letter circulating on social media yesterday, BYD has asked its suppliers to accept price cuts ...

Also on tap today: how Korea's Hyundai Motor Group plans to do battle against China's electric vehicle sector, and Mexico gets cold feet over a possible BYD factory as President Trump seeks to ...

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 ...