Chinese EV makers worry rate war

Chinese EV makers worry rate war

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Some apparently lookingfor aid from Beijing to stop the market from injuring its image abroad PUBLISHED : 26 Mar 2024 at 20: 05 A charging station is revealed at the the 45th Bangkok International Motor Show, at Impact Muang Thong Thani. Chinese EV makers will display their items at the 12-day occasion that opens on Wednesday. (Photo: Pattarapong Chatpattarasill) Some significant Chinese electrical car makers are supposedly preparation to ask Beijing to avoid a “price war” amongst Chinese carmanufacturers in abroad EV markets, consistingof Thailand, intending to preserve a excellent image in the market. Two or 3 business strategy to talk with Chinese authorities, hoping for assistance as they see that present challenging conditions may make their sales targets unreachable, stated Narong Sritalayon, handling director of the Chinese carmaker Great Wall Motor (GWM). “Strong competitors in the EV market has led to a cost
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