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Leaked BYD Note Signals EV Price War About to Intensify

DeFi Daily News by DeFi Daily News
November 27, 2024
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Leaked BYD Note Signals EV Price War About to Intensify
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A leaked letter signaled BYD Co. asked suppliers to accept price cuts next year in a signal the Chinese electric vehicle maker is preparing for the price war to intensify. Speaking on “Bloomberg Open Interest,” David Welch also reports on what President-elect Donald Trump’s tariffs could mean for the auto industry.

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Tags: AutonomousautosBYDBYD Co.carsChinaChina EVsDavid Welchelectric carselectric vehiclesHong KongIntensifyLeakedNotePriceself driving carsSignalstariffstradeTransportationtrump tariffswar
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