EV price wars

Chinese media and government bodies are urging a halt to the EV price wars due to sustainability concerns. They emphasize the need for innovation over price cuts, citing the rising demand for high-tech EVs. The focus shifts towards value-driven competition, encouraging manufacturers to prioritize long-term success through technological and management advancements. This shift aims to create a sustainable market and foster overseas expansion, avoiding the pitfalls of solely price-focused strategies.