New Chinese automakers experienced delivery reduction; price war expected in 2023

Digitimes
By Jack WuFeb 13, 2023, 1:50 am208 pts
New Chinese automakers have experienced a delivery reduction for January 2023 due to China's new energy vehicle (NEV) subsidies ending and a consumer slack season. In addition, Tesla's price cuts have led to a price war, with AITO, NIO, XPeng, and more following suit. Faced with reduced profits, many new…

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