• 11/25/2024

China’s EV price war spreads overseas as carmakers chase market share, higher profit margins

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

In Southeast Asia, Chinese EV builders from established giants like BYD and Great Wall to start-ups such as Hozon are offering discounts in a bid to take on Japanese rivals whose petrol cars dominate the market.

https://www.scmp.com/business/china-business/article/3264032/chinas-ev-price-war-spreads-overseas-carmakers-chase-market-share-higher-profit-margins?utm_source=rss_feed