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China’s carmakers are resorting to tricks to inflate their vehicle sales and Beijing has had enough
Beijing warned the practice of selling new cars with zero miles at a sharp discount in the used car market is just the latest example of the auto industry's race to the bottom.
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cnbc.com
China's EV race to the bottom leaves a few possible winners
China's electric car price war shows little sign of letting up, putting more pressure on companies to survive.
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scmp.com
The competition for budget-conscious EV buyers in China heats up
Apart from hefty price discounts, carmakers are offering more bells and whistles in their latest models to stand out from the crowd.
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fortune.com
China’s carmakers are resorting to tricks to inflate their vehicle sales and Beijing has had enough
Beijing warned the practice of selling new cars with zero miles at a sharp discount in the used car market is just the latest example of the auto industry's race to the bottom.
- ·
In China, fears grow of an EV financial crisis amid pricing war
Electric vehicle makers in China, led by the country's market leader BYD, have been engaged in a bruising price war.
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‘Gunpowder’ price wars, Japan’s US$7,000 single-seat car: 7 EV reads
From Xiaomi’s electric car unit’s potential profit to fears of an Evergrande-style collapse, here are seven EV stories you may have missed.
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BYD manager calls EV price war it helped spark unsustainable
In China’s overheated EV market, a flood of new entrants and deep price cuts—many led by BYD—have eroded margins and triggered government intervention.