Price War
Coverage of Price War in the Nexus archive.
- Nationwide cuts mortgage rates as price war ramps up between lenders
Nationwide has cut mortgage rates as competition intensifies among lenders, sparking a price war. The move reflects heightened rivalry in the lending sector.
- Will slowing car sales in China reignite brutal price war in crowded market?
AlixPartners predicts a 10% decline in Chinese car deliveries this year due to a shaky economy and reduced government support, likely fueling a price war among nearly all 100+ carmakers. The forecast includes 24.6 million light vehicle deliveries, with 10 million of...
- Will slowing car sales in China reignite brutal price war in crowded market?
AlixPartners predicts a 10% decline in Chinese car deliveries this year due to a shaky economy and reduced government support, warning of a brutal price war affecting nearly all 100-odd carmakers. The forecast estimates 24.6 million light vehicle deliveries, with 10 million...
- After triggering price war, DeepSeek reverses course with surcharge on peak-hour API use
Chinese AI unicorn DeepSeek is introducing peak-hour surcharges for its API services, doubling the price for access to its V4 AI models during peak hours (9am to noon and 2pm to 6pm Beijing time), reversing its role in a domestic price war it helped start.
- ‘Do or die’ for small carmakers: China market braces for 156 new models as price war looms
A record 156 new models are expected to launch in China's automotive market in the second half of 2026, intensifying concerns about small carmakers' profitability amid a looming price war. Intelligent electric vehicles (EVs) priced around 100,000 yuan will dominate the mass-market segment, but analysts predict only leading carmakers with brand awareness and production advantages will secure large orders.
- ‘Do or die’ for small carmakers: China market braces for 156 new models as price war looms
A record 156 new models are expected to enter China's automotive market in the second half of 2026, intensifying concerns about small carmakers' profitability amid a looming price war. The influx includes intelligent electric vehicles priced around 100,000 yuan, with only leading carmakers likely to secure large orders due to brand awareness and production advantages.
- China scolds e-commerce giants
Chinese regulators accused leading e-commerce platforms like Alibaba and JD.com of misleading marketing tactics ahead of the 618 shopping bonanza, causing their shares to decline. Regulators also criticized aggressive price wars and cited issues with AI features providing inaccurate product information.
- OpenAI weighs slashing prices in attempt to lure users from rival Anthropic: report
OpenAI is considering slashing prices for its AI tokens to attract customers from rival Anthropic, potentially sparking a price war ahead of planned public listings this year.
- Unitree Robotics reports plunge in first-quarter profits days before crucial IPO hearing
Unitree Robotics, a leading Chinese humanoid robot company, reported a significant first-quarter profit decline amid rising expenses and a price war, raising concerns ahead of its June 1 Shanghai Stock Exchange Star Market IPO review. The company's financial struggles threaten its public listing plans.
- Unitree Robotics reports plunge in first-quarter profits days before crucial IPO hearing
Unitree Robotics, a leading Chinese humanoid robot company, reported a significant first-quarter profit decline amid rising expenses and a price war, just before its June 1 IPO listing hearing on the Shanghai Stock Exchange's Star Market. The company's financial struggles could impact its IPO prospects.
- Russia Says UAE’s OPEC Exit Won’t Trigger Imminent Price War
Russia stated that the United Arab Emirates' (UAE) exit from OPEC will not immediately lead to a price war in the oil market. The Organization of the Petroleum Exporting Countries (OPEC) headquarters in Vienna is mentioned in the context of the event.
- BYD Quarterly Profit Drops to Lowest in Years Amid Price War
BYD's quarterly profit has fallen to its lowest level in years due to a price war. The company's Great Tang model was showcased at the Beijing Auto Show.
- NIO President on Profitability, Iran War and Price War
NIO's president discusses the company's profitability amid geopolitical tensions related to the Iran war and a potential price war in the market. The statements highlight strategic concerns and competitive pressures facing the electric vehicle manufacturer.