Chinese EV makers extend buying incentives
Chinese EV makers extend buying incentives as price war enters third year
Chinese electric vehicle makers including Nio and Li Auto have followed market leaders Tesla and BYD in extending buying incentives to the start of 2025, as a price war in the world's largest auto market continues for a third year.
Chinese EV Makers’ 2025 Goals Belie Tough Year Ahead: Hyperdrive
Meanwhile hardly anyone is expecting the price war that’s been a feature of China’s car market since 2023 will fade. Paul Gong, the head of China autos research at UBS, says it could even get worse over the coming two to three months.
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Nio Firefly revealed as budget-friendly EVChinese electric car brand Nio has revealed its first foray into the budget EV space with its new Firefly sub-brand. Designed ...
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