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InsideEVs
InsideEVs

China's Government Wants To Hit The Brakes On EV Overinvestment

Xi Jinping China BYD
  • The Chinese government is attempting to address concerns of overcapacity and the effects of a crushing EV price war.
  • The Chinese government says it may take action against brands that underprice vehicles to hurt competition.
  • Chinese President Xi Jinping asked if every province needs to invest in EV infrastructure.
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