BYD and Rivals in China Tell Suppliers to Cut Costs Amid Price War
Briefly

Faced with intense competition in the EV market, Chinese automakers are demanding significant cost reductions from suppliers to maintain competitiveness, revealing a price war's ongoing impact.
BYD's He Zhiqi highlights the aggressive competition in new energy vehicles, noting that the entire supply chain needs to collaborate on cost reductions to stay relevant.
Read at www.nytimes.com
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