Chinese EV manufacturers go on the offensive with Tesla price hikes - Xiaomi's entry also threatens

MSN - 01/04
Chinese automakers are seizing the recent price increases by electric vehicle maker Tesla as an opportunity to lure potential customers by offering incentives such as purchase subsidies and gift certificates. Smartphone maker Xiaomi feels threatened by its entry into the EV market, and is trying to defend itself.

(Bloomberg) -- Chinese automakers are seizing on electric vehicle maker Tesla Inc.'s recent price hikes as an opportunity to lure potential customers with incentives such as purchase subsidies and gift certificates. Sma...
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