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An intensifying auto industry price war in China has stoked fears of a long-anticipated shake-out in the world’s largest car ...
China’s automobile industry association warned against “vicious competition,” days after BYD Co.’s price cuts fueled market ...
China called on Saturday for its automotive industry to halt brutal price wars, as a threat to the sector's health and ...
A BYD executive slammed as alarmist comments by the chief of Great Wall Motor that called the industry unhealthy.
Its cheapest model, the smart-driving Seagull, now goes for a starting price of 55,800 yuan ($7,800), down from 69,800 yuan, ...
A ruthless discount blitz from BYD is shaking the foundations of China's auto industry and threatening mass consolidation ...
China’s electric car market is getting even more competitive, with significant consequences for the domestic economy and even the global auto market.
Shares in some of Tesla's biggest Chinese rivals fell on Monday after BYD's price cuts fueled fears over the country's ...
BYD has triggered another EV price war in China by slashing the price of several models, sending the stocks of local EV automakers sinking. China is the largest auto market in the world. It is also ...
Workers are busy at a production line of new-energy vehicles (NEVs) in Jinhua, East China’s Zhejiang Province on July 2, 2024. The volume of NEV production is rising driven by g ...
Analysts forecast that China’s EV price war will force many smaller players out of the market within the next two years.
An intensifying auto industry price war in China has stoked fears of a long-anticipated shake-out in the world’s largest car ...