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 ...
electriccarsreport.com3h
Volkswagen Group and SAIC Motor extend their joint venture agreement until 2040
Volkswagen Group and SAIC Motor announced on Wednesday that they have signed an extension for their joint venture contract in ...
SAIC’s Maxus Joins BYD in Pushing Suppliers for 10% Price Cut
SAIC Motor Corp.’s Maxus brand has joined market leader BYD Co. in seeking a 10% price cut from suppliers, another sign China ...
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 ...
ET Auto5h
Volkswagen and Chinese partner SAIC to sell joint venture plant in west China's Xinjiang
Volkswagen: The companies also said Wednesday that they were extending their 40-year-old automaking joint venture until 2040, ...
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.
Malaysia Sun6h
INDONESIA-CIKARANG-WULING-CEREMONY
Wuling Cloud EVs are displayed during a ceremony in Cikarang, West Java province, Indonesia, Nov. 27, 2024. SGMW ...
China Digital Times6h
Volkswagen Exits Xinjiang After Criticism About Complicity in Human Rights Abuses
On Wednesday, German auto manufacturer Volkswagen (VW) announced that it would sell its operations in Xinjiang. The move comes after years of pressure from rights groups that have documented the ...
Business Recorder7h
China stocks drop on heightened trade tensions, automakers’ price war
HONG KONG: China and Hong Kong stocks resumed their downtrend on Thursday after a rebound in the previous session, weighed ...
中国日报网7h
SAIC, VW extend joint venture to 2040
China's SAIC Motor and German car group Volkswagen AG have extended their joint venture by 10 years, prolonging their ...
Volkswagen Partners With Saic, Leaves Xinjiang Behind
Volkswagen has announced its decision to exit China's Xinjiang region by selling all operations to shanghai motor vehicle ...
Autocar Pro7h
Volkswagen Group advances ‘In China, for China’ strategy, extends JV with SAIC until 2040
Over the next three years alone, the Group and its brands will bring 40 new models to the Chinese market, half of which will ...