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Auto giants launch a flurry of cheaper electric vehicles — taking the fight to China - TL;DR CNBC

Auto giants launch a flurry of cheaper electric vehicles — taking the fight to China

Publishing timestamp: 2024-10-17 05:18:43


Summary

Several European carmakers unveiled low-cost electric vehicles at Paris Motor Show in an effort to boost demand and regain market share from Chinese brands. The industry is facing challenges on the road to full electrification, but the launch of affordable EV models could increase market share significantly next year.


Sentiment: NEUTRAL

Tickers: STLA

Keywords: businesschinabusiness newsautosparisfranceeuunited states

Source: https://www.cnbc.com/2024/10/17/auto-giants-launch-cheaper-evs-in-paris-taking-the-fight-to-china.html


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