China's EV price war: 2 years of financial turmoil and supply chain chaos

Digitimes
By Levi LiDec 25, 2024, 4:43 am255 ptsTrendingTop
China's electric vehicle (EV) industry has endured a two-year price war, leading to significant profit compression across the supply chain. Automakers have slashed costs to defend their market share, but this strategy has intensified upstream financial strain. Suppliers face cash flow crises, disrupting…

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