3min chapter

After Hours cover image

A Lunar New Year Special: BYD, EVs and Chinese Capital Allocation

After Hours

CHAPTER

Is China Going Electric?

The price-cutting feeling, just to put some numbers on it, is not small. It's 10% or 20%. It's happening a week after they said they wouldn't. Well, it's Tesla, right? He's now explicitly signaled they need volumes. They are going to be doing aggressive price reductions. That changes that market completely.

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