South China Morning Post CENTER (0.0) Reliability: 7.5/10

China’s EV sector doubles down on discounts and cheap financing as growth cools

✍️ Themis Qi 📅 January 02, 2026 10:21 AM ⏱️ 1 min read 🕐 Scraped: January 02, 2026

Summary: Carmakers are shifting from straight price cuts to subsidised loans and feature-packed models, as China’s EV price war drags on.

Electric vehicle makers have kicked off a fresh round of price cuts in mainland China at the start of 2026, despite Beijing’s repeated calls to curb “involution”, as pressure on margins and survival prospe

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Author

Themis Qi

Original Publisher

🌍 South China Morning Post

CENTER Bias (0.0)

Published Date

January 02, 2026 at 10:21 AM

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