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Cheap EVs dominate in China (and rest of the world will follow)

A fierce price war in China has resulted in EVs becoming far more popular than petrol cars. And where China leads, the rest of the world will soon follow.

David Fickling
David FicklingContributor

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Price wars can be creative, or destructive.

When comparable airlines battle for market share, the results can be devastating. None of them is offering a fundamentally cheaper product, so the effect is only to make consumers expect cheaper tickets.

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Bloomberg Opinion

David Fickling is a Bloomberg columnist covering commodities, as well as industrial and consumer companies.

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    Original URL: https://www.afr.com/world/asia/cheap-evs-dominate-china-and-rest-of-the-world-soon-20230809-p5dv48