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Will fierce price war begin among Chinese car companies this year

At the beginning of 2024, car companies have successively released report cards for 2023. By Laura King “Phoenix Automotive Research Institute” counted the annual target completion rates of 15 car companies. Among the new energy car companies that disclosed annual sales (delivery) targets, only 3 completed their annual targets, namely BYD 100.8%; Ideal 125%; Lantu ...