China EV Price War Concerns

This is a China news story, published by CNBC, that relates primarily to BYD news.

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electric vehicle industry

CNBC

•

Technology

In China, fears grow of an EV financial crisis amid pricing war

Summary

Nutrition label

73% Informative

Electric vehicle makers in China , led by market leader BYD , have been engaged in a bruising price war.

High-profile auto executives have sounded the alarm — with the head of Great Wall Motor calling the industry "unhealthy" Used car sellers said they're also worried about the effects on sales.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful