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Technology@lemmy.worldEnglish · 11 months ago

Fear of cheap Chinese EVs spurs automaker dash for affordable cars

www.reuters.com

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Fear of cheap Chinese EVs spurs automaker dash for affordable cars

www.reuters.com

boem@lemmy.world to

Technology@lemmy.worldEnglish · 11 months ago

cross-posted to:
[email protected]

The rise of inexpensive Chinese electric vehicles has upped the pressure on legacy automakers who have turned to suppliers, from battery materials makers to chipmakers, to squeeze out costs and develop affordable EVs quicker than previously planned.

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11 months ago
Greedflation is when you checks notes compete in a market by offering cheaper products?

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