English => News => Topic started by: Redaktion on July 06, 2023, 16:53:41
Title: BYD and Tesla sign a pledge to stop 'abnormal' EV pricing together with NIO and XPeng
Post by: Redaktion on 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.