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Technology@lemmy.worldEnglish · 1 year ago

Fear of cheap Chinese EVs spurs automaker dash for affordable cars

www.reuters.com

cross-posted to:
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Fear of cheap Chinese EVs spurs automaker dash for affordable cars

www.reuters.com

boem@lemmy.world to

Technology@lemmy.worldEnglish · 1 year ago

cross-posted to:
hackernews@derp.foo

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.

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1 year ago
Greedflation is when you checks notes compete in a market by offering cheaper products?

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