$Tesla (TSLA.US)$x.com BYD executive vice president He Zhiqi sent out emails to suppliers on Nov 26 to request 10% price reduction starting on Jan 1, 2025. Here is the reply from one disgruntled supplier: Dear Mr. He Zhiqi, I acknowledge your notification regarding your request for suppliers to further reduce costs by 10% from 2025. However, I must express my strong dissatisfaction and vehement protest. BYD, as a benchmark in China's auto industry, has ...
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Nice answer against this unethical and low level company. They want to build in Mexico lol. So they will sell where??? in south or central America???? No one has money there to buy a bycicle lol.
Joejoejoe0
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BYD's request for Sensata to lower prices is simple: If you don't want to do this business, then don't do it. I have found a better supplier. It is time to end the pattern of foreign companies arbitrarily raising prices and expecting Chinese companies to foot the bill unconditionally.
$Tesla (TSLA.US)$is offering Model 3s for the equivalent of $41,800. That’s cheaper than$BYD COMPANY (01211.HK)$’s Seal EV at $43,900. But in China, the Seal sells for just $25,000 vs. the Model 3’s $32,000 price tag. Both units are imported from…. CHINA. EVs have ZERO TARIFFS in the Philippines. Dealers are marking up BYD to offset the lost revenue due to less need for regular maintenance where they usually gouge owners. Im surprised Tesla is selling at a disco...
Mr Careful : it is not likely that Chinese companies will be keen to invest in US. see what happens to tic tok first.