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Tesla's closest Chinese rival, Li Auto, slashes prices as EV discount war spreads to premium market

Retrieved on: 2024-04-22 22:08:36

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Tesla's closest Chinese rival, Li Auto, slashes prices as EV discount war spreads to premium market. View article details on HISWAI: https://www.scmp.com/business/china-business/article/3259873/teslas-closest-chinese-rival-li-auto-slashes-prices-ev-discount-war-spreads-premium-market

Summary

The article discusses the intensifying price competition in the electric vehicle (EV) industry, highlighting the premium segment with Tesla and Li Auto leading the way, affecting the profitability of smaller competitors and influencing electric car use by country.

Article found on: www.scmp.com

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