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Chinese EV makers cannot stop ‘aggressive’ price-cutting – even as it imperils them

Industry embarks on a new round of price competition that is likely to edge out more underachieving players in 2025 Chinese carmakers cut prices on pure electric vehicles (EVs) by an average of 10 per ...

China’s subsidy change adds to EV makers’ stress as more buyers consider petrol cars

Typical subsidy on an EV drops by around US$1,150, changing buyer calculations and exacerbating the sector's profitability ...