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BYD, the world’s largest producer of electric and electrified vehicles, appears ready to push even harder for market dominance, with reports emerging that it’s pressuring suppliers to cut ...
Annual price negotiations with suppliers are customary in the automotive industry, Li Yunfei, general manager of Chinese carmaker BYD's Brand and Public Relations Department, said on Wednesday.
BEIJING, Nov 27 (Reuters) - Chinese automaker BYD (002594.SZ), opens new tab is asking its suppliers to cut their prices, in a sign that a brutal price war in the world's largest auto market is ...