Cui Dongshu from China Automobile Dealers Association talks about the price war of new energy vehicles

Cui Dongshu, secretary general of the Passenger Car Market Information Joint Branch of the China Automobile Dealers Association, said that this year's price reduction promotions in the new energy vehicle market have the characteristics of early start, great strength, long span and large scale. He pointed out that price war is a manifestation of system capabilities and an inevitable stage in the development of the industry. The current competition is not a simple low-level competition, but a necessary stage for the transformation of new and old production momentum and major industrial changes.