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China's BYD sets negotiable price reduction targets for suppliers

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China's BYD sets negotiable price reduction targets for suppliers

Nov 26, 2024 8:37 PM

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

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.

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