Auto giants launch a flurry of cheaper electric vehicles — taking the fight to China
www.cnbc.com
Europe's top carmakers unveiled low-cost EVs at the Paris Motor Show this week, seeking to recapture some of the market share held by Chinese brands.

" … as soon as vehicles come in the right price range next year … people will flock to buy them.”

  • The Snark Urge@lemmy.worldEnglish
    311·
    12 days ago

    Nobody should be excited for a race to the bottom, but cars generally have been overpriced and this seems like a pretty normal trend of price correction trying to take shape in this wonky market.