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Is the Chinese EV bubble about to burst? Oversupply sparks crushing price war in China

Oversupply has resulted in overwhelmed EV competition in China with over 100 different brands. And it has sparked a debilitating price war that just one in ten marques will survive.

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Breaking news

Walmart recalls 850,000 water bottles after two customers suffer ‘permanent blindness’ from exploding caps

Walmart recalls 850,000 water bottles after two customers suffer ‘permanent blindness’ from exploding caps

about 2 hours ago

Paxton’s divorce adds another wrinkle to a chaotic Texas race that could decide control of the Senate

Paxton’s divorce adds another wrinkle to a chaotic Texas race that could decide control of the Senate

about 2 hours ago

Delta stowaway sentenced after sneaking on flight out of JFK

Delta stowaway sentenced after sneaking on flight out of JFK

about 2 hours ago

Hiker dies in Grand Canyon as park warns of dangerous temperatures

Hiker dies in Grand Canyon as park warns of dangerous temperatures

about 2 hours ago

Ecuador approves controversial law on protected areas, sparking legal threats

Ecuador approves controversial law on protected areas, sparking legal threats

about 2 hours ago

Huge piles of jellyfish on Scots beach ahead of heatwave sparking fears

Huge piles of jellyfish on Scots beach ahead of heatwave sparking fears

about 2 hours ago

Schoolboy's chilling statement to head teacher after 'stabbing classmate to death'

Schoolboy's chilling statement to head teacher after 'stabbing classmate to death'

about 2 hours ago

Digital ID cards would help to deter migrants from heading to UK, Harriet Harman says

Digital ID cards would help to deter migrants from heading to UK, Harriet Harman says

about 2 hours ago

Palestinian activist detained by ICE suing Trump administration for $20m

Palestinian activist detained by ICE suing Trump administration for $20m

about 2 hours ago

Moygashel LIVE: Fury over as 'migrant boat' bonfire branded 'disgusting' is set alight

Moygashel LIVE: Fury over as 'migrant boat' bonfire branded 'disgusting' is set alight

about 2 hours ago

Only 1 in 5 can find seven missing objects in tricky heatwave brainteaser

Only 1 in 5 can find seven missing objects in tricky heatwave brainteaser

about 2 hours ago

'I quit my job at a nursery after I saw things that would horrify every parent'

'I quit my job at a nursery after I saw things that would horrify every parent'

about 2 hours ago

The least patriotic man EVER to hold high office? Even worse, Lord Hermer of Chagos, who's just grabbed unprecedented new powers, isn't even elected - but was appointed Attorney General by his Leftie lawyer chum Starmer, writes MATT GOODWIN

The least patriotic man EVER to hold high office? Even worse, Lord Hermer of Chagos, who's just grabbed unprecedented new powers, isn't even elected - but was appointed Attorney General by his Leftie lawyer chum Starmer, writes MATT GOODWIN

about 2 hours ago

PETER HOSKIN reviews Superman: It's a bad sign if Superman isn't even the hero of his own movie

PETER HOSKIN reviews Superman: It's a bad sign if Superman isn't even the hero of his own movie

about 2 hours ago

Reform supporters 'would back Labour if Keir Starmer could end the small boats crisis', poll finds

Reform supporters 'would back Labour if Keir Starmer could end the small boats crisis', poll finds

about 2 hours ago

Moment hero police officer tackles knifeman in the street amid brawl after she spotted blade in his hand

Moment hero police officer tackles knifeman in the street amid brawl after she spotted blade in his hand

about 2 hours ago

'What a joke!' Keir Starmer's half baked deal with France to deter small boat migrants already in peril as Tories claim plans will not put off 'a single person from crossing the Channel'

'What a joke!' Keir Starmer's half baked deal with France to deter small boat migrants already in peril as Tories claim plans will not put off 'a single person from crossing the Channel'

about 2 hours ago

CHRISTOPHER STEVENS reviews: The Great Plague with Rob Rinder and Ruth Goodman: Moralising TV presenters spoiled this absorbing look at plague-hit London

CHRISTOPHER STEVENS reviews: The Great Plague with Rob Rinder and Ruth Goodman: Moralising TV presenters spoiled this absorbing look at plague-hit London

about 2 hours ago

Is there any chance at all of Starmer and Macron's small-boats deal working? Why plan to replace Rwanda scheme raises more questions than answers

Is there any chance at all of Starmer and Macron's small-boats deal working? Why plan to replace Rwanda scheme raises more questions than answers

about 2 hours ago

Police probe is launched after farmer's field is damaged by crop circle hoaxers

Police probe is launched after farmer's field is damaged by crop circle hoaxers

about 2 hours ago

Attorney General Lord Hermer 'asks civil servants to snitch on ministers to give himself effective veto over Government policies'

Attorney General Lord Hermer 'asks civil servants to snitch on ministers to give himself effective veto over Government policies'

about 2 hours ago

Scarlett Johansson erupts at photographers on set of new movie in NYC: 'Out of the f*****g way!'

Scarlett Johansson erupts at photographers on set of new movie in NYC: 'Out of the f*****g way!'

about 2 hours ago

Nicole Scherzinger says helping people was Liam Payne's 'happy place' as she recalls working with him on his final project Building The Band

Nicole Scherzinger says helping people was Liam Payne's 'happy place' as she recalls working with him on his final project Building The Band

about 2 hours ago

How the Monday blues are seriously affecting your physical health - even if you're retired

How the Monday blues are seriously affecting your physical health - even if you're retired

about 2 hours ago

Kanye West's ex-assistant hits him with ANOTHER sexual assault claim as she accuses him of orally raping her

Kanye West's ex-assistant hits him with ANOTHER sexual assault claim as she accuses him of orally raping her

about 2 hours ago

Dementia warning as drug taken by millions raises risk of memory robbing disorder by up to 40%, study finds

Dementia warning as drug taken by millions raises risk of memory robbing disorder by up to 40%, study finds

about 2 hours ago

Is there a secret formula for election-winning slogans?

Is there a secret formula for election-winning slogans?

about 2 hours ago

The Papers: 'One in, one doubt' and 'sick note' crackdown

The Papers: 'One in, one doubt' and 'sick note' crackdown

about 2 hours ago

Weekly quiz: Which French chef made a meal fit for a King?

Weekly quiz: Which French chef made a meal fit for a King?

about 2 hours ago

In the country with the world's lowest birth rate, fertility clinics are booming

In the country with the world's lowest birth rate, fertility clinics are booming

about 2 hours ago

Trainspotting's Irvine Welsh: We've become 'dumbed down machines'

Trainspotting's Irvine Welsh: We've become 'dumbed down machines'

about 2 hours ago

Texas County Flagged Need for Flood Alarm Months Before Tragedy

Texas County Flagged Need for Flood Alarm Months Before Tragedy

about 2 hours ago

Secret Service Suspends Six Agents Over Trump Assassination Attempt

Secret Service Suspends Six Agents Over Trump Assassination Attempt

about 2 hours ago

Urgent recall of 850,000 water bottles after customers hit by lids and blinded

Urgent recall of 850,000 water bottles after customers hit by lids and blinded

about 3 hours ago

‘It’s all we’ve ever known’ Locals mourn funfair closure after more than 100 years

‘It’s all we’ve ever known’ Locals mourn funfair closure after more than 100 years

about 3 hours ago

Study exposes ‘alarming’ inequalities among child deaths in intensive care

Study exposes ‘alarming’ inequalities among child deaths in intensive care

about 4 hours ago

Israel says Iran could reach enriched uranium at a nuclear site hit by US

Israel says Iran could reach enriched uranium at a nuclear site hit by US

about 4 hours ago

Charity given formal warning for posting video supporting Hamas

Charity given formal warning for posting video supporting Hamas

about 4 hours ago

Charity warns AI-generated child sex abuse videos ‘now as lifelike as real footage’

Charity warns AI-generated child sex abuse videos ‘now as lifelike as real footage’

about 4 hours ago

Lisa Murkowski’s no good, very bad summer after ‘Big Beautiful’ vote: ‘I wish I had the luxury to regret things’

Lisa Murkowski’s no good, very bad summer after ‘Big Beautiful’ vote: ‘I wish I had the luxury to regret things’

about 4 hours ago

‘Small changes’ during adulthood lower risk of early death by up to 40 per cent

‘Small changes’ during adulthood lower risk of early death by up to 40 per cent

about 4 hours ago

Israeli strike kills 10 children queuing at Gaza medical clinic, officials say

Israeli strike kills 10 children queuing at Gaza medical clinic, officials say

about 4 hours ago

Where in the world is the FEMA head? Agency leader hasn’t been seen in over a week sparking concern

Where in the world is the FEMA head? Agency leader hasn’t been seen in over a week sparking concern

about 4 hours ago

Trump administration opens investigation into Minnesota agency's affirmative action policy

Trump administration opens investigation into Minnesota agency's affirmative action policy

about 4 hours ago

Justin Bieber teases his long-awaited seventh album, apparently called 'Swag'

Justin Bieber teases his long-awaited seventh album, apparently called 'Swag'

about 4 hours ago

A Texas family clung to life on their roof, capturing the terrifying flooding in photos and video

A Texas family clung to life on their roof, capturing the terrifying flooding in photos and video

about 4 hours ago

Global Citizen takes its fight against poverty to the world's growing cities

Global Citizen takes its fight against poverty to the world's growing cities

about 4 hours ago

ICC believes war crimes and crimes against humanity are taking place now in Sudan's Darfur region

ICC believes war crimes and crimes against humanity are taking place now in Sudan's Darfur region

about 4 hours ago

Starmer ‘accepts invite’ to visit Trump during expected trip to Scotland

Starmer ‘accepts invite’ to visit Trump during expected trip to Scotland

about 4 hours ago

Peru's new amnesty law for human rights abuses sparks anger and international appeal

Peru's new amnesty law for human rights abuses sparks anger and international appeal

about 4 hours ago

First hosepipe ban of 2025 takes effect in drought-hit Yorkshire

First hosepipe ban of 2025 takes effect in drought-hit Yorkshire

about 4 hours ago

Hero officers who confronted Southport killer honoured for bravery

Hero officers who confronted Southport killer honoured for bravery

about 4 hours ago

June heat and thunderstorms spell tough month for high street

June heat and thunderstorms spell tough month for high street

about 4 hours ago

Gangster bust-up in Dubai as 'Mr Big Ross McGill attacked at gym'

Gangster bust-up in Dubai as 'Mr Big Ross McGill attacked at gym'

about 4 hours ago

Officers who confronted 'coward' Southport killer win bravery award

Officers who confronted 'coward' Southport killer win bravery award

about 4 hours ago

Handbag sells for £7.4m at auction

Handbag sells for £7.4m at auction

about 4 hours ago

Southport cops who stopped Taylor Swift dance class killer awarded for bravery

Southport cops who stopped Taylor Swift dance class killer awarded for bravery

about 4 hours ago

Moygashel LIVE: 'Migrant boat' bonfire branded 'inhumane' set alight as hate incident probed

Moygashel LIVE: 'Migrant boat' bonfire branded 'inhumane' set alight as hate incident probed

about 4 hours ago

Popular car in urgent safety recall due to lethal flaw still being sold online

Popular car in urgent safety recall due to lethal flaw still being sold online

about 4 hours ago

'Dark side' of social media exposed as MPs warn of repeat of Southport riots

'Dark side' of social media exposed as MPs warn of repeat of Southport riots

about 4 hours ago