
CAAM Warns NEV Price Wars Threaten Innovation
CAAM warns that disorderly price wars in the booming NEV market are slashing profit margins and hindering innovation in the Chinese mainland.
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CAAM warns that disorderly price wars in the booming NEV market are slashing profit margins and hindering innovation in the Chinese mainland.
The China Association of Automobile Manufacturers (CAAM) has denounced U.S. protectionism in the electric vehicle industry, calling out planned tariffs as a setback to global collaboration. ⚡️🚗