Subsidies and Showdowns: How Chinese EV Makers Are Driving Down Prices
Chinese EV Makers:- The competitive landscape of China’s electric vehicle (EV) market has become increasingly intense. In response to a recent surge in government subsidies, prominent Chinese automobile manufacturers, including BYD, NIO, and Xpeng, have commenced an extensive price war aimed at undermining their competitors and securing a larger share of the market. Consequently, the … Read more