An industry-wide price war in the Chinese car market has escalated to an unsustainable level, which has been ongoing for more than a year and could pressure some automakers to slash prices by another 20-30% in 2024, according to the head of Bosch’s China operations. It is “unhealthy” that businesses are being drawn into repeated[…[…
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China’s EV price war escalating to “unsustainable” levels, says Bosch executive
作者gocpmall
4 月 26, 2024