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China doubles cash subsidies to propel EV sales as economic growth falls short
South China Morning Post, Published on 26/07/2024
» HONG KONG - Beijing has doubled subsidies granted to electric vehicle (EV) buyers, just three months after it rolled out incentives to accelerate the transition of the domestic automotive industry.
Chinese EV makers' price wars will sow doubts over quality
South China Morning Post, Published on 13/06/2024
» BEIJING - Price competition among Chinese electric vehicle (EV) makers abroad is not sustainable since consumers will start to doubt the quality and reliability of the cars if they are frequently discounted, according to Bain & Co.
China's EV price war spreads overseas
South China Morning Post, Published on 25/05/2024
» BEIJING - A price war among Chinese electric vehicle (EV) assemblers is spreading to overseas markets as more than a dozen players look abroad to bolster sales and chase higher profits to offset losses at home.