What payment terms do Chinese EV suppliers accept?
Short answer:
Payment terms for Chinese EV export.
Standard terms are a deposit with the balance before shipment, and we accept T/T or L/C to a verifiable company account. Confirm company and banking details, keep the contract and invoice, and reference your PO.
Paying safely
- T/T to a company account, or L/C.
- Verify company and bank details first.
- Keep contract, invoice and PO reference.
Red flags
Payment to a personal account or pressure to pay without documents. Discuss payment terms.