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BYD and Rivals in China Tell Suppliers to Cut Costs Amid Price War
China’s electric vehicle market is the world’s largest — and its most cutthroat, with dozens of brands jostling for position.Business - The New York Times - 21 minutes ago -
China’s EV price war set to intensify next year as BYD squeezes suppliers
Chinese carmaker asks auto parts providers to cut their prices by 10%World - Financial Times - 9 hours ago -
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Chinese EV maker BYD's quarterly sales overtook Tesla's for the first time
The milestone comes amid tough competition in China, the world's largest auto market, as well as higher tariffs on imports of Chinese EVs into the EU.Business - CNBC - October 31 -
BYD quarterly sales beat Tesla for first time
Warren Buffett-backed Chinese carmaker’s revenues surge 24 per cent but fierce competition slims marginsBusiness - Financial Times - October 30