EV Price War in China Heats Up as Nio and Li Auto Join BYD and Tesla in Extending Incentives
The electric vehicle (EV) price war in China is intensifying as top players Nio and Li Auto join market leaders BYD and Tesla in extending substantial buying incentives into early 2025. As the world’s largest auto market grapples with slowed growth, these moves are aimed at boosting sales and retaining market share in a fiercely … Read more