{"id":130757,"date":"2025-06-09T03:18:08","date_gmt":"2025-06-09T03:18:08","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=130757"},"modified":"2025-06-09T03:18:08","modified_gmt":"2025-06-09T03:18:08","slug":"the-competition-for-budget-conscious-ev-buyers-in-china-heats-up","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=130757","title":{"rendered":"The competition for budget-conscious EV buyers in China heats up"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostCompetition in mainland China\u2019s budget electric vehicle (EV) segment is likely to intensify as consumers seek value for money, according to dealers and analysts.<br \/>\nWith at least a dozen intelligent EVs under 150,000 yuan (US$20,864) \u2013 from BYD to Leapmotor \u2013 qualifying for up to 20,000 yuan in subsidies, consumers are spoiled for choice. At the same time, a fierce price war is pulling in budget-conscious buyers.<br \/>\n\u201cConsumption downgrade has spread to the car market as consumers are increasingly&#8230;<a href=\"https:\/\/www.scmp.com\/business\/china-business\/article\/3313541\/why-competition-heating-chinas-sub-us20000-ev-segment?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostCompetition in mainland China\u2019s budget electric vehicle (EV) segment is likely to intensify as consumers seek value for money, according to dealers and analysts.&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/130757"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=130757"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/130757\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=130757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=130757"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=130757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}