Chinese EV shares tumble as BYD sparks ‘rat race’ price war fears, offering price cuts of up to 34% on some of its models
Posted by Straight_Ad2258
Chinese EV shares tumble as BYD sparks ‘rat race’ price war fears, offering price cuts of up to 34% on some of its models
Posted by Straight_Ad2258
2 Comments
the EV price war in China is insane, with price cuts on 227 models last year, compared to 148 in 2023 and 95 in 2022
[https://cnevpost.com/2025/01/06/china-auto-market-227-models-price-cuts-2024/](https://cnevpost.com/2025/01/06/china-auto-market-227-models-price-cuts-2024/)
its “survival of the fittest, Gods have mercy on you”, type of market
See folks? Now do you trust Biden? Only the tariffs are import bans are standing between Tesla’s market cap and oblivion.