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BYD, China
Leaked BYD letter signals China electric vehicle price war is set to intensify
Western automakers such as Volkswagen and Stellantis have teamed up with Chinese manufacturers Xpeng and Zhejiang Leapmotor Technology to try to leverage their EV expertise, while premium EV brand HiPhi and Shanghai-based WM Motor are mired in bankruptcy proceedings.
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 the brutal price war in the world’s biggest auto market to intensify.
China’s EV price war set to intensify next year as BYD squeezes suppliers
The carmaker urged its suppliers to send over their quotes by December 15 and officially mark down prices starting next year, executive vice-president He Zhiqi wrote in an email circulated on social media on Wednesday.
Volkswagen Sells Plant In China’s Xinjiang Region
Volkswagen and Chinese partner SAIC to sell joint venture plant in west China's Xinjiang
Volkswagen and SAIC Motor say they have agreed to extend their 40-year-old automaking joint venture in China until 2040.
Volkswagen and Joint Venture Partner Sell Controversial Chinese Plant
VW and its local partner sold a production site in the Xinjiang region that had previously brought increased scrutiny on the automaker over human-rights concerns.
Volkswagen to sell controversial factory in China’s Xinjiang
Volkswagen has faced major criticism from activists and investors over its interest in the Xinjiang factory which it first opened in 2013
4h
Electric vehicle deal with China is not close, top EU trade official says
Fifty hours of negotiations ‘have not led to an agreement on price undertakings’, Sabine Weyand, EU director general for ...
5h
on MSN
Electric car sales are slowing in the US and Europe as both fans and skeptics share concerns
While sales of electric vehicles surge in China, the spread of more environmentally friendly vehicles is stumbling in the ...
GlobalData on MSN
2d
EU-China electric vehicle tariff negotiations near resolution – report
Separately, Beijing has instructed its auto manufacturers to pause investments in EU countries supporting additional tariffs.
1h
on MSN
Could China’s CO2 emissions peak by 2025? Experts optimistic about the superpower’s green transition
Over the last three years, experts have become increasingly optimistic about China’s green transition. View on euronews ...
1d
Will Trump’s plan to kill the EV tax credit help China?
As the incoming Trump administration prepares to make aggressive cuts to government spending, one major provision of the ...
4d
EU, China close to agreement over EV import tariffs, leading MEP says
Brussels and Beijing are nearing a solution over tariffs on Chinese electric vehicle imports into the bloc, the chair of the ...
Interesting Engineering on MSN
3d
China EV industry hits new peak in Google Trends, surpasses 10 million units
Recent Google Trends analysis reveals that consumer interest in China's electric vehicles far exceeds attention to broader ...
4d
What Elon Musk Needs From China
From electric cars to solar panels, Mr. Musk has built businesses in high-tech manufacturing sectors now targeted by Beijing ...
2d
EV Battery Maker Calls for Cheaper EU Energy to Counter China
The South Korean owner of the European Union’s largest factory of electric-vehicle batteries called on the bloc to reduce ...
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