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The Galaxy E8 sells for almost US$25,000 less than BYD’s Han model, and Geely plans to offer seven models under the affordable Galaxy brand by 2025. ....
Tesla cut prices in China for the second time in less than three months on Friday, fuelling forecasts of a wider price war amid weaker demand in the world's largest autos market. The U.S. automaker also cut prices on its best-selling Model Y and Model 3 electric vehicles in Japan, South Korea and Australia in what a person with direct knowledge of the plan said was part of an effort to help stoke demand for output from its Shanghai factory, its single largest production hub. ....
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