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BEIJING - A price war among Chinese electric vehicle (EV) assemblers is spreading to overseas markets as more than a dozen players look abroad to bolster sales and chase higher profits to offset losses at home.
Tesla has been slashing prices for its vehicles in the Chinese, US and European markets amid declining sales.
A world-class saloon for the people, from China’s biggest name in EVs. It’s here to best Elon’s offering, and it may well be the car to do it.
Tesla and other Western electric car manufacturers are facing stiff competition from China.