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Price war escalates: Regulators crack down on carmakers

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Published: June 5th, 2025,
Last updated: June 5th, 2025

Rush at BYD: The manufacturer cut prices again in May.
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The ongoing discount battle between China’s car manufacturers has brought the government in Beijing onto the scene. The Chinese Ministry of Commerce plans to ensure that regulations are complied with and fair competition is guaranteed. The aim is to promote the healthy development of the industry, said He Yongqian, spokesman for the Ministry of Commerce. To this end, the Ministry intends to cooperate with other government agencies.

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Car Industry BYD