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China's EV industry is experiencing a price war, with share prices tumbling and the government intervening to prevent price cuts. Read more here: https://bloom.bg/3SD4xcy
Bloomberg.com BYD Unleashes an EV Industry Reckoning That Alarms Beijing The price war engulfing China’s electric vehicle industry has already sent share prices tumbling and prompted an unusual level of intervention from Beijing. The shakeout may just be getting started.
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