BYD asks suppliers to cut prices

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.
Chinese EV maker BYD asks dozens of suppliers for price cuts, Yicai reports
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.
Leaked BYD Email Threatens EV Price War Escalation
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
Leaked BYD Letter Signals China EV Price War Is Set to Intensify
BYD Co. has asked suppliers to accept price cuts next year in a signal the Chinese electric vehicle maker is preparing for the brutal price war in the world’s biggest auto market to intensify.
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.
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