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In a fierce price war roiling China's electric vehicle (EV) industry, three of the country's emerging automakers—Leapmotor, ...
China's auto industry is facing an intensifying price war, sparked by BYD's significant discounts on its electric vehicles, leading to concerns about a potential shake-out. This price war is ...
China’s automakers have been known to slash prices in exchange for market share. EV makers engaged in a yearlong price war from 2023 to 2024 amid oversupply and soft consumer sentiment in China.
A tactic used by Chinese automakers and dealers to inflate car sales has grown increasingly common in recent years in response to a bruising price war in the world's largest auto market, a Reuters ...
Retail sales of passenger cars rose 6.3% in July from a year earlier to 1.8 million vehicles, data from the China Passenger Car Association showed Friday.
Chinese EV maker Xpeng has forecast revenue will almost double in the third quarter, after reporting record sales and a ...
"The market will definitely see fiercer competition in 2025," said the CEO in a letter to XPeng staff obtained by CNEVPost. "And I can even make a bold prediction that price war will ignite from ...
We dive into just how much Trump's tariffs have cost the auto industry and take a look at China's slowing car sales.
Summary Investors doubt anti-price war campaign will be effective Industrial stocks such as steelmakers, cement producers retreat after July rally Commodity prices snap back on weak real demand ...