China’s carmakers don’t see the country’s fierce price war ending anytime soon as they press suppliers for discounts

  • Posted on November 28, 2024
  • By Fortune
  • 3 Views
China’s carmakers don’t see the country’s fierce price war ending anytime soon as they press suppliers for discounts

Both BYD and SAIC Motor reportedly asked suppliers for 10% discounts amid fierce competition in China's oversaturated EV sector.
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Fortune

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