Tesla cut EV prices in China more than BYD did for its flagship Han sedan this year, study finds
Publishing timestamp: 2023-12-20 02:19:28
Summary
Tesla has cut prices for its electric cars in China more than BYD did for its flagship Han sedan. The price cuts come as competition in the Chinese electric car market intensifies, with other automakers also reducing prices. The article highlights the high level of price competition in China and the potential for industry waste as new models flood the market.
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