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GM braces for a $5 billion hit as it fights to keep up in China’s intensifying EV price war
Electrek
By Peter Johnson
Dec 4, 2024, 10:41 am
322 pts
Top
As it struggles to keep up with low-cost rivals like BYD, GM expects to suffer a $5 billion blow to its business in China. The multi-billion hit comes as GM rapidly loses market share in the world’s largest EV market. more…
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