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Posted by Redaktion
 - July 06, 2023, 16:53:41
The powerful China Association of Automobile Manufacturers (CAAM) gathered the 16 largest car makers there to sign a pledge that may put an end to Tesla's price war. Elon Musk's company slashed prices by up to 30% in the beginning of the year, sending everyone scrambling to catch up.

https://www.notebookcheck.net/BYD-and-Tesla-sign-a-pledge-to-stop-abnormal-EV-pricing-together-with-NIO-and-XPeng.732442.0.html