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China EV price war: Tesla rival Li Auto says cheapest model yet to 'bring you happiness', will launch next week - Vimarsana News

China EV price war: Tesla rival Li Auto says cheapest model yet to 'bring you happiness', will launch next week

Published: April 8, 2024

Li Auto, Tesla’s nearest rival in mainland China, plans to start selling a new, more economical model aimed at families amid a price war in the country’s electric vehicle market.

Source: scmp.com
Related Topics:
Cui DongshuLei JunChina Passenger Car AssociationLi AutoI L6Conomic OptionIscount WarSlowing EconomyYiyou Auto ServiceElectric Vehicle MarketPrice WarSales ManagerSport Utility Vehicle
BYD chairman Wang Chuanfu expects sales growth to slow in 2024, banks on export surge to shore up profitability - Vimarsana News

BYD chairman Wang Chuanfu expects sales growth to slow in 2024, banks on export surge to shore up profitability

Published: March 28, 2024

BYD, the world’s largest electric-vehicle maker, is targeting a 20 per cent increase in sales this year, just a third of last year’s tally, as overcapacity concerns and a price war loom over the sector in mainland China.

Source: scmp.com
Related Topics:
Zhao ZhenWarren Buffett Berkshire HathawayCui DongshuChina Passenger Car AssociationWan ZhuoGeneral MotorWarren BuffettBerkshire HathawaySales TargetIscount WarGeneral MotorsRice CutsWang ChuanfuZhao ZhenSaic Gm WulingCui DongshuWarren BuffettBerkshire Hathaway