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A new car for $7,700: In China, fears grow of an EV financial crisis amid pricing war
A new car for $7,700: In China, fears grow of an EV financial crisis amid pricing war
Chathushka Chamara Gunarathna
Tuesday, June 10, 2025
Electric vehicle makers in China, led by the country’s market leader BYD, have been engaged in a bruising price war, depressing profits in the industry.
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