China’s EV maker BYD has come under fire from competitors for waging a suicidal price war. The EV giant is now being called the “Evergrande of the auto indus...

BYD pushes payment to suppliers to 275 days. Borrowing from the supply chain hides their debt burden and creates conditions that may cause a systemic collapse, taking their suppliers with them.

  • Buffalox@lemmy.world
    91·
    1 month ago

    Thanks for posting. 👍
    This is really interesting, if you have any interest in economics in general, I highly recommend to watch this.

    • 52fighters@lemmy.sdf.orgOPEnglish
      8·
      1 month ago

      Thank you. I didn’t like the title bit the content really gives a good look at Chinese EV economics.