Lates News

date
15/09/2025
BYD Car: Actively respond to the "Supplier Accounts Payment Standard Initiative" to promote the high-quality development of the industry. The recent decisions and deployment made by the Ministry of Industry and Information Technology and other national ministries focus on ensuring the stability of the industrial chain and supply chain, and promoting the high-quality development of the automotive industry. On September 15th, the China Association of Automobile Manufacturers released the "Initiative for Standardizing Payment of Supplier Accounts for Automobile Manufacturers" proposing standardization for payment-related content in purchase contracts between car manufacturers and supply chain companies. BYD Car actively responds to the "Supplier Accounts Payment Standard Initiative" and implements the requirements of the "Regulations on Guaranteeing Payment of Funds to Small and Medium-sized Enterprises" focusing on key aspects such as order confirmation, delivery and acceptance, payment and settlement, and contract terms. Through continuous collaboration with upstream and downstream partners through technological innovation and management optimization, BYD Car is working to build a collaborative and win-win development ecosystem to promote the high-quality development of the Chinese automotive industry.