Chinese EV makers extend buying incentives
Chinese EV makers extend buying incentives as price war enters third year
Chinese electric vehicle makers including Nio and Li Auto have followed market leaders Tesla and BYD in extending buying incentives to the start of 2025, as a price war in the world's largest auto market continues for a third year.
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Tesla is still the world's largest electric vehicle maker, though it continues to face intense competition from its Chinese ...
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A similar phenomenon has occurred in China, where local municipalities have implemented their own incentives for EVs. For ...
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