With cutthroat competition at home, Chinese automakers rush overseas with new plants

BYD Bankok auto show.jpg — BYD displayed a full range of full electric and plug-in hybrid models at the 2023 Bangkok auto show this week. (BYD Co.)

March 23, 2023 02:46 PM

SHANGHAI – Vehicle price cuts initiated by Tesla in 2022 have developed into a full-blown industry pricing battle that is engulfing nearly all automakers operating in China.

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