Category: Industry

BYD and top carmakers slash payment terms to boost supply chain stability following regulatory pressure

Following new SME law, BYD and peers adopt 60-day supplier payment policy, aiming to stabilize cash flow across the supply chain

The post BYD and top carmakers slash payment terms to boost supply chain stability following regulatory pressure appeared first on CarNewsChina.com.

Construction of Xiaomi’s second phase car factory has begun

According to reports, construction of the second phase of the Xiaomi Automobile factory has already begun, with workers operating day and night to ensure a speedy completion. Construction of the first phase of the Xiaomi factory began in April 2022, covering an area of 720,000 square meters, and was completed in June 2023. The second […]

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