China’s Regulators Push for Price Control Amid EV Market Surge

Chinese regulators have reportedly grown impatient with the aggressive price-cutting strategies employed by EV manufacturers, prompting calls for greater market restraint. This development comes as the country’s electric vehicle industry continues to experience rapid growth, with companies vying for dominance through both price competition and technological advancement. Geely Group, one of China’s leading electric vehicle producers, has emerged as a key player in this dynamic market.