
China's EV makers turn on BYD as price war escalates
Fierce competition among China's leading EV makers has intensified, with a long-running dispute between
BYD
and
Great Wall Motor
over
emissions compliance
escalating after
Geely
joined in to criticise BYD's aggressive price cuts.
The row dates back to 2023, when Great Wall Motor reported BYD to Chinese regulators, alleging that its two best-selling
hybrid models
failed to meet emissions standards.
The issue re-emerged last month when Great Wall's chairman, Wei Jianjun, expressed concerns about the ongoing
price war
and confirmed that the regulatory probe was still active.
BYD dismissed his remarks on the industry's health as "alarmist" but did not comment on the emissions issue. At the time, BYD rejected the claim and said its vehicles met China's emission standards.
On Saturday, Geely's vice president, Victor Yang, publicly backed Great Wall's claims at an auto conference in Chongqing, stating that Geely had conducted its own emissions tests and reached the same conclusions.
"Wei Jianjun is a genuine, honest person and is our industry's whistleblower," Yang said in videos of his speech posted online by The Paper and other local media outlets.
Great Wall Motor's claims concern BYD's use of non-pressurised fuel tanks in its
Qin Plus
and Song Plus plug-in hybrids, which let the liquid inside evaporate more rapidly than in pressurised ones.
BYD's general manager of branding and public relations, Li Yunfei, responded to Geely's comments on Sunday on his Weibo account, saying that the non-pressurised tanks used in its cars between 2021 and 2023 were compliant with the regulatory requirements at the time but added that BYD had since changed them due to customer complaints.
Li's Weibo post was no longer there on Monday, although Reuters could not verify the reason for this and the company did not immediately reply to a request for comment.
Great Wall Motor did not immediately respond to a request for comment on Monday, while Geely referred Reuters to the videos posted online of Yang's speech and declined to provide additional comment.
China's Ministry of Industry and Information Technology, one of the regulators involved in the emissions probe, did not immediately respond to a request for comment.
The escalating feud comes as China's EV market faces intense competition as BYD's recent price incentives, which reduced the starting price of its cheapest model to 55,800 yuan ($7,771.05), triggered a broader sell-off in auto stocks.
Following this, MIIT called for the sector to halt its price wars and summoned automakers to a meeting last week, two sources familiar with the matter said. The meeting was first reported by Bloomberg.
Dealers have also urged automakers to stop dumping inventory on them.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


NDTV
an hour ago
- NDTV
US Seeking 'Handshake' On Rare Earths From China, White House Aide Says
Washington: The three top U.S. trade negotiators are seeking a handshake with China in London talks to seal the agreement on rare earths reached by Presidents Donald Trump and Xi Jinping, White House economic adviser Kevin Hassett said on Monday. "The purpose of the meeting today is to make sure that they're serious, but to literally get handshakes," Mr Hassett, director of the National Economic Council, told CNBC in an interview. "I expect it to be a short meeting with a big, strong handshake," Mr Hassett added. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer were set to meet with Chinese counterparts in London on Monday to defuse the trade dispute between the two superpowers that has widened in recent weeks to include export controls over goods critical to global supply chains. Chinese export controls on rare earths was a very significant sticking point, Mr Hassett said. With China controlling most of the global rare earth and magnet supply, its restrictions on sending those to the U.S. could disrupt production for American companies, including automakers, that rely on those materials, he said. Asked about the Chinese objection to U.S. curbs on semiconductor exports, Hassett said: "Our expectation is that after the handshake, then immediately after the handshake, any export controls from the U.S. will be eased, and the rare earths will be released in volume, and then we can go back to negotiating smaller matters."


India Today
an hour ago
- India Today
Delhi, Beijing ties eased, India-China-Russia troika could resume: Russia Minister
The stalled work of the Russia-India-China (RIC) troika could be restarted as the tension between New Delhi and Beijing has eased 'significantly', Foreign Minister Sergei Lavrov said on at the 'Forum of the Future-2050' here, the Russian foreign minister also said the resumption of joint work in RIC format could be the first step towards pan-Eurasian processes, including the formation of a multi-polar really hope that we will be able to restore the work of the Russia-India-China trio. We have not met at the level of foreign ministers for the last couple of years, but we are discussing this issue with my Chinese colleague and with the Indian head of the External Affairs department,' Lavrov was quoted as saying by Russia's state-run TASS news agency. 'I really hope that now that the tension has eased, in my opinion, has eased significantly on the border between India and China, and the situation is stabilising, there is a dialogue between New Delhi and Beijing, we will be able to resume the work of this Russia-India-China trio," he the deadly Galwan Valley standoff between the militaries of India and China in 2020, the RIC troika has not been very said that Russia and China can and should play a leading and proactive role in the pan-continental process, including in the formation of a multi-polar architecture, and added that the restoration of the RIC format could act as the first step towards this.'This will also be a very important step forward in the movement of continental processes,' he two-day forum inspired by Russian philosopher Alexander Dugin, often dubbed as President Vladimir Putin's 'guru', has attracted young and SpaceX CEO Elon Musk's father Erol Musk is also attending the forum.


NDTV
an hour ago
- NDTV
Unique Wedding Gift: Vietnamese Bride Gets 100 Civet Cats Worth Rs 60 Lakh
A bride in Vietnam received an extraordinary dowry from her parents--100 civet cats valued at approximately $70,000. Notably, these animals are prized for their role in producing Kopi Luwak, one of the world's most expensive coffees. The dowry also included substantial assets, such as 25 gold bars, $20,000 cash, company shares worth 300 million dong, and multiple high-value properties, as per the South China Morning Post. The 22-year-old bride from southwestern Vietnam received the lavish gifts upon her marriage last May. The groom's family reciprocated with a bride price consisting of 10 taels of gold, 200 million dong in cash, and diamond jewellery. In many Asian cultures, dowries are a significant tradition, representing family wealth and parental commitment to supporting their daughter's new life. The bride's father, Hong Chi Tam, explained that his children, all university graduates, have taken over the family business. He gifted his daughter assets that could generate income, giving her the freedom to decide whether to raise the civet cats or sell them, and promising to support her choice. "My daughter is a business school graduate. She is fully capable of managing these assets. No matter the method, it ensures her financial independence," Mr Chi Tam said. About Civet Cats In Vietnam, civet cats are highly valued. A female civet that has given birth can be worth around $700, while a pregnant one can fetch up to $1,050. Their value stems partly from their role in producing Kopi Luwak, one of the world's most expensive coffees. The unique production process involves the animals consuming ripe coffee cherries, and the beans are then collected from their digestive system, cleaned, processed, and roasted. Additionally, civet meat is considered a luxury food in China and Vietnam and has been used in traditional Chinese medicine, further contributing to the animal's value. According to World Animal Protection International, the civet cat trade often involves cruel practices. Wild civets are captured using harmful methods like box traps and snares, then sold to farms where they're kept in tiny cages and subjected to poor living conditions, inadequate food, and stress.