Subject: Re: China Export EV Price Mark Up
"Same in other places, with other products: charge what the market will bear, not price for a "fair" profit."
China EV manufacturers are pushing foreign sales via rapid expansion into foreign markets which yield great profits. Especially as there is a pricing war going on now within China market space.
https://www.reuters.com/world/...
China's biggest automaker BYD (002594.SZ), opens new tab, is planning to double it sales network in Europe by the end of next year, a senior executive said on Monday, as part of an aggressive push into the continent's market.