China’s EV price war is so brutal that BYD is trying to pinch its suppliers
- Posted on November 28, 2024
- By CNN
- 3 Views
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.
