Chinese electric vehicle and battery maker BYD will increase the price of battery products by at least 20% effective Nov. 1, the company said on Monday in a letter to clients.
Chinese EV giant to cancel pending contracts, potentially hitting other makers
A bus is prepared for delivery the BYD electric bus factory in Lancaster, California, U.S., on July 1. © Reuters
Chinese electric vehicle and battery maker BYD will increase the price of battery products by at least 20% effective Nov. 1, the company said on Monday in a letter to clients.