China's Fierce EV Price War: Unveiling the Fallout of Low-Tech, Irreparable Vehicles

In an unprecedented and brutal price war unfolding across China’s electric vehicle (EV) market, a substantial number of struggling companies are increasingly offering low-cost models that are turning out to be more harmful than beneficial. As manufacturers slash prices to attract buyers amidst a growing competition, the reduction in production costs has led to significant compromises in quality and technology.

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