Focus topics


BYD increases prices

Chinese car manufacturer BYD has once again raised prices. The Dynasty series models will cost ¥3,000 (€430) more, while prices for the Ocean series will increase by ¥6,000 (€860). The company cited the rising cost of raw materials as the reason, Bloomberg reported. Prices for important raw materials have recently risen significantly. This is especially true for nickel, an essential element for electric batteries. Since the war in Ukraine, the price of nickel has tripled.

Continue reading now

Get 30 days of free access to the Decision Brief to read these and more quality news every day.

Are you already a guest at the China.Table? Log in now

Related

    Czech delegation talks about semiconductors in Taiwan
    US professor convicted over ties to China
    Hong Kong abolishes hotel quarantine
    Daimler begins truck production in China