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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.
By Claire Fu and Daisuke Wakabayashi Reporting from Seoul Faced with a bruising price war in the fast growing but crowded domestic market for electric vehicles, Chinese automobile manufacturers ...
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 ...
Tesla partners with 400+ local suppliers in China, with over 95% of Shanghai factory components sourced locally to boost production. CEO Elon Musk criticizes California's plan to exclude Tesla ...
“But we weren’t as profitable as we’d like to be.” Knott’s story echoes that of other manufacturers and economists, who say the first wave of Trump tariffs brought little benefit to ...