SAIC’s Maxus Joins BYD in Pushing Suppliers for 10% Price Cut
SAIC Motor Corp.’s Maxus brand has joined market leader BYD Co. in seeking a 10% price cut from suppliers, another sign China ...
electriccarsreport.com23m
Volkswagen Group and SAIC Motor extend their joint venture agreement until 2040
Volkswagen Group and SAIC Motor announced on Wednesday that they have signed an extension for their joint venture contract in ...
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 ...
Euro Needs to Rise Above $1.06 Before Recovery Looks Convincing
Chart analysis suggests the euro needs to rise firmly above $1.06 before investors can be sure that its recovery is ...
Elon Musk Might Have Created a New Meme Stock. This Drone Maker’s Shares Are Soaring.
The Trump name and Elon Musk’s preference for drones over traditional jet fighters helped send the shares of a drone maker into the stratosphere. Lockheed’s loss appears to be a gain for a tiny drone ...