Bosch Warns of EV Price War
This is a China news story, published by Yahoo Finance, that relates primarily to David Xu Daquan news.
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Chinese EV makersSouth China Morning Post
•Chinese EV makers, suppliers risk dent to global stature in price war, Bosch exec warns
85% Informative
Bosch China president David Xu Daquan has made a proposal to Chinese President Xi Jinping to create a fair and orderly market-based mechanism to avoid cutthroat competition among the country's carmakers and supply-chain vendors.
Xu was among the business leaders who met Xi in East China's Shandong province on May 23 to reassure bosses of state-owned companies.
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