Ford and Volkswagen are cutting production as a response to a tightening market, with Ford pausing F-150 Lightning production until next year and VW considering historic plant closures in Germany.
GM's CEO Mary Barra raised concerns about the sustainability of a price war in China, highlighting the competitive landscape dominated by Chinese EV startups providing inexpensive alternatives to established brands.
BYD's recent success in sales against Tesla signals a challenging period for many car manufacturers, who must contend with bloated inventories and mounting competition in the EV market.
Collection
[
|
...
]