Chinas NEV giant BYD is urging suppliers to slash prices by 10% starting January 2025 to sustain its edge in an increasingly ...

BEIJING: German car giant Volkswagen said on Wednesday (Nov 27) it would sell its operations in China's Xinjiang region, ...

Also in today’s newsletter, BYD demands suppliers slash prices, and Infosys chair predicts companies will develop their own AI models ...

Hesai Group, the top lidar sensor maker for autonomous driving, will reduce the price of its essential product by 50% next ...

The delegation led by Chief Secretary Chan Kwok-ki concludes a three-day visit to the Mainland cities of the Guangdong-Hong ...

Workers work on the assembly line at a factory of vehicle manufacturer BYD Auto in Xi'an, northwest China's Shaanxi Province.

According to a leaked letter circulating on social media yesterday, BYD has asked its suppliers to accept price cuts ...

A leaked letter signaled BYD Co. asked suppliers to accept price cuts next year in a signal the Chinese electric vehicle ...

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 ...

Germany's Volkswagen Group, Europe's largest automaker, has decided to withdraw its plant in China's Xinjiang Uyghur ...

Elon Musk's EV maker and BYD are asking suppliers to cut prices and rolling out discounts as they brace for another round in ...

A U.S. tariff threat has added to the European auto industry's woes, which include strikes, factory closures, a weak economy, ...