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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 Stock Market
Reading Time: 2 mins read
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BEIJING (Reuters) – Chinese language language electrical automotive maker BYD (SZ:) has requested value cuts from dozens of its suppliers, state-owned info outlet Yicai reported on Friday citing unidentified sources.

The automaker primarily despatched requests to suppliers {of electrical} administration objects and sensors nonetheless may ship further to a couple of its over 8,000 suppliers in several courses, Yicai talked about.

BYD didn’t immediately reply to Reuters’ request for comment.

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Tags: asksBYDChinesecutsDozenslanguagemakerReutersStoriessuppliersWorthYicai
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