China’s EV price war heats up — What’s behind the big discounts?

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China’s EV price war heats up — What’s behind the big discounts?

cnbc.com/2025/05/29/chinas-ev-price-war-heats-up-whats-behind-the-big-discounts.html

BEIJING — Competition in China's electric car market just got fiercer with consequences for the domestic economy and even the global auto market.
Industry giant BYD last week announced a slew of discounts — some of nearly 30% or more — across several of its lower-end battery-only and…

This story appeared on cnbc.com, 2025-05-29 07:13:28.