Prices slashed again in China’s EV sector, threatening unprofitable carmakers
An anticipated sales decline after a subsidy expires is expected to exacerbate the financial squeeze that is throttling ...
Yahoo Finance26d
BYD “demands” 10% price cut from suppliers in 2025
China's largest new energy vehicle (NEV) manufacturer BYD Auto has demanded that its suppliers reduce prices by 10% in 2025 compared with 2024 levels, according to reports in China citing leaked ...
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BYD (OTC:BYDDY) Braces for EV Price War with Supplier Price Cuts
The EV industry in China could soon see an intense price war. In fact, BYD Co. (OTC:BYDDY) is preparing for this price war by urging its suppliers to accept price cuts starting next year.