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Top News In Peng X9 Today - Breaking & Trending Today

Chinese auto group backs out of pricing pledge over antitrust law concerns

China’s carmaker association retracts agreement by Tesla, Nio Xpeng and other EV makers, saying it violates the country’s anti-monopoly laws. ....

Electric Vehicles , Elon Musk , Li Auto , Anti Trust Law , Anti Monopoly , Price Pledge , Pricing Agreement , Fair Competition ,

CAAM retracts pricing pledge amid antitrust concerns, Auto News, ET Auto

China Association of Auto Manufacturers (CAAM) has withdrawn the pledge to refrain from "abnormal pricing" to avoid any antitrust issues. The pledge involved 16 automakers including Tesla and Li Auto, and was intended to end the conflict over industry profitability. ....

Ministry Of Industry , China Association Of Auto Manufacturers , Information Technology , China Association , Auto Manufacturers , Li Auto , Ministry Of Industry And Information Technology , China Association Of Auto Manufacturers , China Ev , China Ev Sales , China Ev Market ,

XPeng stock pops after Chinese EV maker prices SUV below Tesla Model Y

The move shows how the electric vehicle space in China is in the middle of a fierce pricing war. ....

American Depository Shares , Li Auto ,