• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

GM braces for a $5 billion hit as it fights to keep up in China’s intensifying EV price war

  By @

As it struggles to keep up with low-cost rivals like BYD, GM expects to suffer a $5 billion blow to its business in China. The multi-billion hit comes as GM rapidly loses market share in the world’s largest EV market. Read more…

Bookmark the permalink.

Comments are closed.