China’s Aggressive EV Price War: The Unseen Consequences of Affordable Electric Cars

In an intense battle for market dominance, the Chinese electric vehicle (EV) sector has plunged into a price war, resulting in a wave of economic consequences that extend beyond mere profit margins. With new energy vehicle (NEV) manufacturers slashing prices to attract consumers, the market landscape has seen a profound shift, leaving behind a trail of low-quality vehicles that are increasingly becoming unrepairable.

Continue reading