GM braces for a $5 billion hit as it fights to keep up in China’s intensifying EV price war
Posted by Greenway on December 4, 2024 12:12 pm Tags: Categories:
EV Cars
As it struggles to keep up with low-cost rivals like BYD, GM expects to suffer a $5 billion blow to its business in China. The multi-billion hit comes as GM rapidly loses market share in the world’s largest EV market.
