BYD asks suppliers to cut prices
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 there is no end in sight to a vicious price war nor economic gloom marked by lower wages and uncertain prospects.
GlobalData on MSN1d
VW Group and SAIC extend JV agreement period to 2040Volkswagen Group and SAIC Motor have signed an extension of their joint venture agreement until the year 2040. By extending ...
Chinese carmakers’ push into the European electric-vehicle market continued to meet resistance, with their share of ...
Earlier this year, the U.S. blocked imports of several Porsche, Bentley, and Audi vehicles amid concerns that they contained ...
China's SAIC Motor and German car group Volkswagen AG have extended their joint venture by 10 years, prolonging their ...
Volkswagen and SAIC Motor say they have agreed to extend their 40-year-old automaking joint venture in China until 2040 ...
Germany's Volkswagen Group and its Chinese partner have sold a factory in the Xinjiang region of China, where accusations of ...
The automaker has long been criticized by human rights activists for doing business in the territory, where China has ...
DPA International on MSN3d
Volkswagen divests from controversial plant in China's XinjiangGerman carmaker Volkswagen is withdrawing from its controversial involvement in a factory in China's Xinjiang province, which ...
SAIC Motor Corp.’s Maxus brand has joined market leader BYD Co. in seeking a 10% price cut from suppliers, another sign China ...
Based in Anting in Shanghai's Jiading district, SAIC Volkswagen has production bases in Nanjing, Yizheng, Urumqi, Ningbo, ...
Group announced that it is strengthening its 40-year partnership with SAIC Motor for the long term. In Shanghai, both ...
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