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EV, BYD and 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 there is no end in sight to a vicious price war nor economic gloom marked by lower wages and uncertain prospects.
Tesla and BYD are gearing up for another round in China's brutal EV battle
Elon Musk's EV maker and BYD are asking suppliers to cut prices and rolling out discounts as they brace for another round in China's brutal EV battle.
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.
BYD asks suppliers to cut prices as China auto war intensifies
BEIJING (Reuters) -Chinese automaker BYD is asking its suppliers to cut their prices, in a sign that a brutal price war in the world's largest auto market is set to escalate. Citing a leaked email dated Nov.
Trump, China
How Trump’s Tariffs Could Impact Top Imports From Mexico, Canada, and China
Economists worry that Trump's tariff plan will raise the prices of a range of imported goods, from cars to electronics.
Toys, car parts and avocados: How Trump's proposed tariffs could impact your wallet
Cars, apparel, electronics and more could see prices go up if President-elect Donald Trump follows through on his pledge to impose sweeping new tariffs on imports from Mexico, Canada and China.
China's State Media in Panic Over Incoming Trump Tariffs
Trump on Monday threatened an additional tariff of 10 percent unless China halts the flow of Fentanyl precursors.
13h
Dragons In Detroit? China’s Secret To Automotive Success
Today, Chinese automakers have become a formidable force, coming a long way to loosen the stranglehold that Western and ...
1d
on MSN
BYD Shows China’s Car Business Isn’t Getting Easier for Anyone, Including Tesla
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 ...
7d
on MSN
The world's auto giants will need to partner with Chinese companies to survive in China, analysts say
Time is running out for traditional foreign automakers to adapt to China's electric car market, signaling to industry ...
1d
China’s EV Boom Threatens to Push Gasoline Demand Off a Cliff
From Tesla chargers in the ancient alleys that surround the Forbidden City in Beijing to lonely highway rest stops with ...
12d
China just debuted a ‘flying’ car and it could release as soon as 2026
A Chinese tech company has unveiled a new flying car design that could be released to the public as soon as 2026.
9d
on MSN
Car crashes into people outside primary school in central China: state media
Multiple students were injured after a car crashed into people outside a primary school in central China Tuesday morning, ...
12d
on MSN
China school knife attack kills at least 8, wounds 17, days after fatal car attack killed dozens
Earlier this week, a 62-year-old man killed 35 people and wounded more than 40 more when he rammed his small SUV into a crowd ...
Crude Oil Prices
13h
Japanese Car Makers Face Stiff Competition From China
China is doing the unthinkable and dethroning once dominant Japanese automakers, who are struggling to compete in China.
1d
on MSN
Volkswagen sells its car plant in Xinjiang, citing ‘economic reasons’
Volkswagen has sold its plant in Xinjiang — a Chinese region beset by accusations of human rights abuses — citing “economic ...
Racer on MSN
12h
China Beach revamp among major track alterations at Mid-Ohio
Ohio’s road course nicknamed ‘China Beach’, where Simon Pagenaud launched off the track in 2023 due to brake failure and ...
2d
on MSN
Violent attacks in China fuel concerns some are ‘taking revenge’ on society
The recent car rammings and mass stabbings come as the economy slows and discontent rises, leading authorities to order ...
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