2025 EV price war looms as SAIC joins supply chain cost-cutting push

Staff reporter, Taipei; Levi Li, DIGITIMES Asia Thursday 28 November 2024 0

Credit: AFP

On November 26, BYD announced a directive requiring its suppliers to implement a 10% cost reduction starting January 1, 2025. Following this, SAIC Maxus has reportedly launched a similar initiative, also targeting a 10% cost cut across its upstream...

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