China EV Growth Slows: Market Recalibrates

China's EV market hits the brakes! Electric vehicle and hybrid sales growth slows to a crawl, the weakest in 18 months, as government intervention cools price wars. BYD slashes targets amidst domestic sales slump, while Li Auto struggles with hybrid demand. But it's not all doom and gloom: Geely, Xpeng, and Nio surge to record sales, signaling a market in flux. Is this a temporary slowdown or a sign of deeper shifts in the world's largest EV market? Hosted on Acast. See acast.com/privacy for more information.