China's EV makers could see a 'shake down' as they hike prices on rising material costs - 25 martie 2022
A slew of electric vehicle companies from Tesla to BYD in China have been forced to raise the prices of their cars and the cost of raw materials shoot up.
Analysts said some low-cost and smaller players could struggle and even be forced to cut models from their lineup.
Tesla (US.TSLA) and BYD (DE.BY6) are better positioned to weather rising prices due to their strong supply chains, the analysts said.