Tag: oversupply

China's state planner warns intensified EV price war on oversupply

 stock analyst  04/22/2024  0 Comments on China's state planner warns intensified EV price war on oversupply

SHANGHAI (Reuters) – China\’s state planner expects an intensified price war among automakers of electric cars and plug-in hybrids this year because of overhanging supply, among other issues, the government body said in a statement on Monday.