XPENG CEO Predicts a “Survival of the Fittest” Era as The Looming Battle in China’s EV Market Continues
China’s electric vehicle (EV) market has seen explosive growth in recent years, becoming increasingly competitive as automakers vie for dominance. This intense competition has triggered several “price wars,” where companies slashed prices to meet sales targets, often at the expense of financial comfort. Despite these challenges, most automakers have managed...