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Chinese language EV maker BYD asks dozens of suppliers for worth cuts, Yicai stories By Reuters

by Index Investing News
November 29, 2024
in Stocks
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BEIJING (Reuters) – Chinese language electrical car maker BYD (SZ:) has requested worth cuts from dozens of its suppliers, state-owned information outlet Yicai reported on Friday citing unidentified sources.

The automaker primarily despatched requests to suppliers of electrical management items and sensors however might ship extra to a few of its over 8,000 suppliers in different classes, Yicai mentioned.

BYD didn’t instantly reply to Reuters’ request for remark.





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Tags: asksBYDChinesecutsdozensMakerpricereportsReuterssuppliersYicai
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