Stock Market News

China’s BYD sets negotiable price reduction targets for suppliers

11/26/2024

Less than a minute

2024.11.26 23:30

BEIJING (Reuters) – Chinese automaker BYD (SZ:) has set negotiable price reduction targets for suppliers of large-scale purchases, a BYD executive’s post on social media platform Weibo (NASDAQ:) shows.

© Reuters. FILE PHOTO: Members of the press and the general public check out the Atto 3 electric SUV made by Chinese carmaker BYD, at the Fully Charged Live electric vehicle trade show in Farnborough, Britain, April 28, 2023. REUTERS/Nick Carey/File Photo

The notice was posted on the Weibo account of BYD’s Group-Brand and Public Relations Department general manager.

BYD did not immediate respond to a request for comment.

11/26/2024

Less than a minute

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