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Intensified Price Wars Looming in China's Electric Vehicle Market, BYD's Leaked Letter Reveals

Intensified Price Wars Looming in China's Electric Vehicle Market, BYD's Leaked Letter Reveals
6 months ago

A recently leaked letter from BYD, one of China's leading electric vehicle (EV) manufacturers, has sparked discussions about an impending price war in the country's already competitive EV sector. This development could significantly alter the landscape for numerous automotive players as they brace for aggressive pricing strategies aimed at maintaining market share and stimulating demand.

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