Linda Lew
China Cars Reporter at Bloomberg News
short sighted in my eyes, long sighted in my mind | covering 🇨🇳🚙 for @business | ex. @SCMPNews, @akzinefest | caveats apply | tips to [email protected]
Articles
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4 days ago |
fortune.com | Linda Lew
BYLinda Lew and BloombergJune 2, 2025 at 7:38 AM EDTVisitors tour the booth of BYD during the 2025 Guangdong-Hong Kong-Macao Greater Bay Area International Auto Show in Shenzhen, south China's Guangdong Province, May 31, 2025. Liang Xu—Xinhua via Getty ImagesBYD Co. shares fell, bringing losses over the past week to more than 17%, on concern that its price cuts are drawing government scrutiny and becoming unsustainable for the Chinese EV industry.
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4 days ago |
flipboard.com | Linda Lew
8 hours agoChina says the US has "severely violated" their trade truce and that it will take strong measures to defend its interests. China's Ministry of Commerce said Washington has "seriously undermined" the agreement reached during talks in Geneva last month, when both countries lowered tariffs on goods …
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4 days ago |
news.bloomberglaw.com | Linda Lew
BYD Co. shares fell, bringing losses over the past week to more than 17%, on concern that its price cuts are drawing government scrutiny and becoming unsustainable for the Chinese EV industry. In a commentary on Sunday, the People’s Daily — the mouthpiece of China’s Communist Party — criticized the “rat-race competition” and warned that price wars can seriously affect supply-chain security.
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4 days ago |
hk.news.yahoo.com | Linda Lew
Linda Lew 2025年6月2日 上午5:30 【彭博】-- 比亞迪股份在香港的股價下跌，較5月23日紀錄高點的累計跌幅超17%，市場擔心該公司的降價舉措引發政府的審視，且對中國電動汽車行業來說難以為繼。 《人民日報》評論部微信公眾賬號於周日發布文章 ，批評了這種「內卷式」競爭，並警告稱「價格戰」可能衝擊產業鏈供應鏈安全。該文表示，低價低質產品會大幅消耗「中國製造」好不容易積攢的國際形象與口碑，但並未點名任何具體公司。 上周末，中國汽車工業協會對「內卷式」競爭表示反對，稱這種惡性競爭會進一步擠壓企業利潤空間，進而影響產品質量和售後服務保障，阻礙行業自身健康發展。據財聯社報導，工信部表態新一輪汽車「價格戰」，稱「內卷式」競爭沒有贏家，將採取必要的監管措施，根除汽車行業內的不健康競爭，堅決維護公平有序市場環境，切實保障消費者根本利益。...
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4 days ago |
bloomberglinea.com | Linda Lew |Chris Ratcliffe
Bloomberg — Las acciones de BYD Co. continuaron su caída a pesar de que las ventas mensuales alcanzaron el nivel más alto de este año, ya que los fuertes descuentos que la industria utiliza para atraer a los compradores atraen el escrutinio de Pekín. El fabricante de vehículos eléctricos vendió 382.476 vehículos el mes pasado, incluidos 376.930 vehículos, según un comunicado del domingo.
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RT @henrysgao: Interesting that the U.S. and China have agreed to name the new mechanism the ‘Trade Consultation Mechanism’: TCM. TCM can…
RT @business: 🎙 BYD has risen to become Tesla's biggest challenger despite tariffs. Join our reporters on Mar. 25 at 10 a.m. HKT for a Li…
A fantastic report from Viola teasing out the political, cultural and economic forces surrounding Chinese battery maker Gotion's attempt to build a factory in Michigan.
A new American factory story: I spent months tracking Chinese EV battery maker Gotion: a strongman boss, a son who worships Elon Musk, an embattled white executive, a group of Michigan hunters who call this EV revolution a scam. https://t.co/N3sHWae55D via @restofworld