SHANGHAI -- Tesla and Chinese electric vehicle startup Li Auto have announced the latest discounts for EVs in China as growing competition tests automakers' endurance.
Li Auto becomes latest brand to discount its models in battle for market share

Tesla cut the price of the Model 3 sold in China by 6%. (Photo by Tomoko Wakasugi)
SHANGHAI -- Tesla and Chinese electric vehicle startup Li Auto have announced the latest discounts for EVs in China as growing competition tests automakers' endurance.