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Tesla and BYD are gearing up for another round in China's brutal EV battle
TSLATesla(TSLA) Business Insider·2024-11-27 13:23

Advertisement China's brutal EV battle shows no signs of letting up.BYD is asking suppliers to cut prices and Tesla is rolling out more discounts.The price war is putting some smaller Chinese players under financial pressure.BYD and Tesla have been playing a game of how-low-can-you-go on EV prices in China for the past year, and they don't seem to be slowing down anytime soon.The rivals are asking suppliers to cut prices and rolling out discounts as they prepare for another round in an ongoing EV battle.Ad ...