BUSINESSAug 2 · 23:00 UTCSCMP WORLDDaniel Ren

Price war fears grip China’s EV market after woeful July sales figures

China's electric vehicle sector faces bearish sentiment as Xpeng, Nio, and Li Auto reported July sales declines, raising fears of a price war amid weakened demand for intelligent cars due to an economic slowdown.

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XpengorganizationNioorganizationLi AutoorganizationChina's electric vehicle sectortopicPrice Wartopiceconomic slowdowntopic

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