A brutal price war is raging across China’s auto sector, catalyzing a profound overhaul of the world’s largest car market, as makers of new energy vehicles and conventional fossil fuel cars face off to win a greater share of a market rattled by slowing sales.
Cover Story: Chinese Auto Makers Rev Up Price War in Race for Market Dominance
2023年03月27日 07:39
Elon Musk’s Tesla kicked off the intense competition, with BYD, XPeng and Nio joining the fray in a bruising contest that could reshape China’s auto market
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- In the first two months, passenger car sales shrank 19.8%, after recording a 12.4% expansion in the second half of 2022
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