Chinese electric vehicle maker BYD , has requested price cuts from dozens of its suppliers, state-owned news outlet Yicai reported on Friday citing unidentified sources.

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.

Chinese electric vehicle manufacturer BYD is intensifying its role as a dominant force in the global automotive industry. A leaked internal email suggests the company plans to deepen its price war

China's EV makers prepare to report November sales amid new models and discounts. Tesla archrival BYD may be setting up for a sharp price war.

A BYD solicitou a fornecedores que aceitem cortes de preços no próximo ano, em um sinal de que a montadora chinesa de veículos elétricos se prepara para a intensificação da brutal guerra de preços no maior mercado automotivo do mundo.

Some Chinese parts suppliers have expressed their dissatisfaction over a recent request from BYD to cut their prices by 10% starting next year, saying any

The world’s largest manufacturer of electrified vehicles says it regularly requests price reductions from key suppliers as part of its annual negotiations