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TikTok Could Sway Young People Toward Chinese EV Brands

The Truth About Cars

While American politicians love to harp about TikTok’s Chinese owners and the national security issues that could bring, it may also be true that they worry that the platform is influencing an entire generation with quick hits of liberal political thought and economic theory. and 58 percent of them said they’d seen Chinese EVs on the app.

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Tesla signs truce with Chinese Automakers to end EV price war

Teslarati

Tesla and 16 Chinese automakers signed a truce ending the EV price war. The car manufacturers pledged to avoid abnormal pricing in China and maintain fair competition. Adhere to industry rules and regulations, regulate marketing activities, maintain fair competition, and not disrupt fair competition with abnormal pricing.

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Chinese EV leaders BYD and NIO achieve record EV sales as price war looms

Electrek

Several leading Chinese EV makers, including BYD and NIO, posted strong sales results this week. NIO hit a new record in Q3, while BYD continued its dominant streak with record-breaking EV sales in September. more… The post Chinese EV leaders BYD and NIO achieve record EV sales as price war looms appeared first on Electrek.

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Xpeng triggers price war in Chinese EV market, slashing prices to compete with Tesla

Electrek

Chinese electric vehicle maker Xpeng announced Tuesday it would cut prices on some of its most popular models. The move comes after Tesla and others in the region have implemented similar price drops, fueling what could be a competitive pricing war in China.

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Volkswagen CEO does not see Chinese EV makers as a threat as prices double overseas

Electrek

According to Volkswagen CEO Oliver Blume, European manufacturers have an advantage over Chinese EV makers. VW leader said that the Chinese offer their vehicles “at twice the price they pay in China” of that in Europe.

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Nissan and Honda may team up to slash EV prices and take on Chinese automakers like BYD

Electrek

Nissan and Honda are considering teaming up to introduce more affordable EVs to compete with Chinese automakers like BYD. The partnership could include a new EV platform.

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Another Tesla price cut possible thanks to plummeting lithium prices

Teslarati

Tesla is poised to benefit from rapidly dropping lithium prices, particularly in China, where the automaker produces nearly half of its vehicles. Hence, the price of EVs has become intertwined with the cost of lithium , which has slowly become cheaper thanks to massive investments worldwide. But how could this affect Tesla pricing?

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