January’s reductions far exceeded the average 10.5 percent discount recorded for the whole of 2025. Cui said the latest round ...
China’s regulators banned below-cost car pricing, just as buyers were waiting for discounts to return in 2026 ...
The average price of new energy vehicles (NEVs) in China fell to RMB 158,000 ($21,800) in September, dropping below RMB 160,000 for the first time, according to CPCA Secretary-General Cui Dongshu. The ...
China's electric vehicle revolution has sent shockwaves across the globe. Beijing's rapid auto sector growth has been attributed to subsidies, tax incentives and massive funding in research and ...
WARSAW - China’s electric-vehicle industry captured half its domestic market in just a few years, crushing sales of gasoline-powered vehicles from once-dominant global automakers. But foreign players ...
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