# Tags
EV Market

China’s EV Price War Heats Up: XPeng, Zeekr, NIO Slash Prices as Xiaomi and BYD Surge in June Sales

China EV Market Faces Intense Price War in 2025 as Tesla Loses Ground: China EV market is witnessing an intense price war, as local automakers slash prices in a bid to capture market share from Tesla. In June 2025, this fierce competition reached new heights. Price Cuts Intensify: Leading domestic brands—XPeng, Zeekr, NIO, Li Auto, […]

Chinese EV Makers Offer No Down Payment, 5-Year Interest-Free Loans to Compete Globally

Chinese electric vehicle (EV) manufacturers are aggressively expanding their global reach by offering attractive financing options, including no down payment and 5-year interest-free loans. These incentives are part of a broader strategy to compete with established automakers in key markets such as Europe and North America. Leading Chinese EV companies like BYD, NIO, and XPeng […]