Experts say Chinese EV makers are about to create a global EV price war



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Anticipated by experts, a price war is expected to unfold in the electric vehicle market this year, making new electric vehicles more affordable. The entry of cost-effective Chinese brands and the implementation of the Zero Emission Vehicle (ZEV) Mandate are poised to compel other manufacturers to reduce their prices. This move is essential for them to stay competitive and align with the new government-mandated targets for electric vehicle sales.






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