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CPCA Foresees Exceptionally Intense 'Price War' in CN NEV Mkt This Yr
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Cui Dongshu, Secretary General of the China Passenger Car Association (CPCA), analyzed that the new energy vehicle (NEV) market is experiencing explosive growth with a notable rise in single vehicle production and a significant drop in costs.

Against this backdrop, Cui predicted that the "price war" in the NEV market will continue and become exceptionally fierce in 2025.

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