China’s electric vehicle price war grows hotter by the day, with top executives trading barbs and automakers’ strategies for clearing inventory coming under scrutiny.
An exchange between rivals Xiaomi and Huawei Technologies became a trending topic on China’s Weibo social network over the weekend.
Since Xiaomi launched its sole model, the SU7, in 2024, the car has gained traction with consumers, challenging the Harmony Intelligent Mobility Alliance, Huawei’s automaking alliance and sales network.
