Electric cars in ChinaChinese auto shares volatile as investors search for next BYD
EV makers who set themselves apart can rise above price competition
Li Auto sells high-end electric SUVs, a category that has not seen much competition. © Reuters
SHIZUKA TANABE, Nikkei staff writer
December 14, 2023 03:36 JST
GUANGZHOU -- The cutthroat price competition among Chinese electric vehicle makers has produced clear winners and losers in the stock market, with EV powerhouse BYD losing shine among investors who are turning to rivals who best distinguish themselves.