EVsCleanTechnicaabout 15 hours ago
China's EV Price War Drove Innovation Despite Slump
1 min read
China's plugin vehicle sales dropped from 7.2 million to 3.7 million in the first five months of 2026, but the overall auto market also shrank. Plugin market share held steady at 52%, and BEVs rose from 33% to 34%. The brutal price war pushed companies to innovate despite profit losses.
Level
Hype check
Tap to vote and see what everyone thinks.
