04 Mar China EV price war: BYD and Xpeng up the ante as they offer heavy discounts to arrest sales slump
Posted at 07:30h
in Asia
The discount war in China’s electric vehicle (EV) space is picking up pace, with leading players BYD and Xpeng slashing the prices of their bestselling models to cushion falling sales. More carmakers are expected to join the fray as they go all out to maintain...