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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.

A woman takes a picture of the machine components at the 2nd China International Supply Chain Expo in Beijing, Nov 26, 2024. [Photo/VCG] The 2nd China International Supply Chain Expo (CISCE ...

China’s BYD, the world’s largest manufacturer of electric vehicles, asked a supplier to reduce its product prices by 10 percent starting next year, according to a company email that was ...

Its autonomous flying machines gave the U.S. defense and police agencies an alternative to Chinese manufacturers, free from the security concerns tied to dependence on Chinese supply chains.

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 ...

A four-step process – what, where, whom, how – can identify supply chain options that allow manufacturers to diversify away from China sourcing. As global supply chains continue to face challenges in ...

We discuss Apple’s strategy of diversifying away from its heavy reliance on Chinese manufacturing and list its contract manufacturers and local suppliers in India. Apple exported close to US$6 billion ...