Shares of Chinese EV manufacturers decline on concerns about more price cuts.
Shares of Chinese electric vehicle (EV) manufacturers took a hit as concerns.
over potential additional price reductions weighed on investor sentiment.
The market responded to worries about intensifying competition and thinning profit margins in the EV sector,
prompting a decline in stock values. This decline comes amid a backdrop.
This comparison serves as a testament to the electric evolution, where efficiency and innovation align.