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BEIJING, September 21 (TiPost)— BYD Co. Ltd, China’s No.1 electric vehicle (EV) manufacturer, officially forayed into the luxury car market.Credit：BYD BYD’s new off-road SUV model Yangwang U8 went on sale in late September 20, Beijing Time. The selling price of RMB1.098 million...
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High-endelectric carstartupNio also cut prices this year, despite initially trying to avoid getting caught up in an industry price war. “Unlike in the EU or the US,residual valuesdo not appear tofeature highlyin Chinese consumers’ purchase decisions,” HSBC analysts said in a Dec. 4 repor...
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