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.
If you see that European car makers sell the same car in China for less than half than they charge at home, you know they are basically milking us just for extra profit.
If you see that European car makers sell the same car in China for less than half than they charge at home, you know they are basically milking us just for extra profit.