BYD’s latest EV price cuts trigger ‘war panic’ as China warns it’s now out of control Electrek Events
BYD's sweeping price cuts spark industry revolt, draw Beijing into the fray DIGITIMES Asia Politics
Beijing has amplified its warnings over cutthroat price wars among carmakers as deflationary pressure persists in the world’s second-largest economy, and economists say a reflation is likely to remain elusive. The Ministry of Industry and Information Technology (MIIT), party mouthpieces and a carmaker association aired concerns at the weekend over recent discounts offered by manufacturers, while collectively deeming price wars a threat to product quality and the long-term development of the... Events
China Auto Body Slams ‘Vicious Competition’ After BYD Price Cuts Bloomberg.com Politics
BYD’s price cuts shock China’s EV market, spark fears of price war escalation South China Morning Post Events
Shares of China's BYD continue to tumble following price cuts CNBC Politics
Although Apple did not officially announce price cuts, iPhone discounts are widely available among distributors. Politics