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EV stocks had risen on Wednesday after several companies vowed to shorten their terms to pay suppliers, to less than 60 days.
The 14 carmakers say the move came as a result of regulatory guidance on the sustainable development of China’s auto sector.
Several of China’s state-owned automakers have pledged to standardize bill payment periods for their suppliers to 60 days ...
Oversupply of electric vehicles in China has the potential to impact European new and used markets, new analysis suggests.
Intense competition in China's domestic market could see even higher focus on the UK as an export market, with potential for ...
BYD Co. and Zhejiang Geely Holding Group Co. joined several of China’s government-backed automakers in a pledge to ...
Electric vehicle makers in China, led by the country’s market leader BYD, have been engaged in a bruising price war, ...
SHANGHAI] Most Chinese automakers have pledged to make payments to suppliers within 60 days, responding to regulatory ...
From Xiaomi's electric car unit's potential profit to fears of an Evergrande-style collapse, here are seven EV stories you ...
Chinese carmakers, embroiled in a domestic price war, have been seeking lower-cost components and delaying payments to suppliers by months.
Commercial paper has been commonly used in the property sector, popular among developers because it is not categorised as ...
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