
The China Association of Auto Manufacturers (CAAM), which includes EV makers such as Nio, Xpeng, and Tesla, retracted the pledge made by 16 of its members to avoid “abnormal pricing” just two days after its publication, according to Reuters.

The China Association of Auto Manufacturers (CAAM), which includes EV makers such as Nio, Xpeng, and Tesla, retracted the pledge made by 16 of its members to avoid “abnormal pricing” just two days after its publication, according to Reuters.