EV price war

New Business

Prices slashed again in China’s EV sector, threatening unprofitable carmakers

China’s electric vehicle (EV) makers reduced prices a month ahead of expectations, as cutthroat competition and overcapacity threaten unprofitable carmakers…

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New Business

Embattled Chinese EV maker Hozon eyes exports to survive brutal domestic price war

Chinese electric vehicle (EV) start-up Hozon New Energy Automobile, which is reeling from a cutthroat price war on the mainland,…

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New Business

BMW raises prices after China’s brutal discount war fails to boost deliveries

BMW is no longer pursuing a strategy of boosting sales volumes since massive price cuts failed to effectively bolster deliveries…

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