Chinese EV brands could fall like dominos as price wars cut profits

A price war in China between its massive – and growing – number of electric vehicle (EV) brands looks set to end with mass closures, according to automotive industry experts. Bloomberg reports consultancy firm

Is a trade war brewing? Chinese carmakers want anti-Europe tariffs

Chinese carmakers have reportedly urged Beijing to increase tariffs on European combustion-powered vehicles in retaliation for the additional tariffs imposed on Chinese electric vehicles (EV) by Europe last week. The Chinese state-backed Global Times