They called for the end of “irrational price cuts,” which they defined as some competitors intentionally underpricing their vehicles below cost
So now even China complains about competition from China undercutting prices! 😋
this post was submitted on 19 Jul 2025
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Crocodile tears.
It was always the CCP/government's intention to a) quickly transition China's domestic auto fleet to electric, b) build their domestic EV industry, and c) flood foreign markets with electric vehicles to grab and dominate market share and destroy foreign competitors by dumping product.
And they're getting all of it.
Not that they're the first Asian Tiger country to do that kind of thing.