China's auto supply chain shifts from price wars to value competition
GlobeAlert Desk · curated from digitimes · china · East Asia
China's cooling auto price war is creating an opportunity for the automotive supply chain to upgrade, as regulators tighten oversight of the new energy vehicle (NEV) industry and curb malicious price cuts. Automakers are being pushed to compete through technological improvements and service quality rather than aggressive discounting, easing margin pressure on parts suppliers.
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