BEIJING — As China's electric vehicle price war intensifies, its top leaders have sounded the alarm with high-profile calls to halt excessive competition, known colloquially as "neijuan" or involution ...
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Involution or evolution? China wants to stop the EV price war, but analysts are doubtful
Chinese EV giant BYD slashed prices on May 23, prompting regulators to speak out. Despite that, analysts say that little can be done about the market competition. Falling prices of Chinese car exports ...
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