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.