# @cnbci on TikTok

- **Type:** Video
- **Original URL:** https://www.tiktok.com/@cnbci/video/7516500135220694294
- **Gondola URL:** https://gondola.cc/posts/33010916-cnbci-tiktok
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/462afebb7f.jpg
- **Posted:** 2025-06-16T10:59:31.000+00:00
- **Account Owner:** CNBC International (@cnbci) — https://gondola.cc/cnbci

## Caption

Rounds of price cuts led by the world’s largest EV maker, BYD, is setting a price war that is upsetting Chinese EV industry leaders. ➡️ Xpeng CEO warns that the price war “won’t be ending soon,” despite the government’s efforts, as rapid technology advancements intesify the competition. Budget EV maker, Leapmotors, anticipated the scenario and hopes for Leapmotor prices to remain stable. ➡️ Chinese EV automakers need to find new markets to address their overcapacity problem. However, exporting won’t be easy if countries respond with tariffs and other protectionist measures. CNBC’s Elaine Yu reports.

## Stats

- **Views:** 12,000
- **Likes:** 345
- **Shares:** 15
- **Comments:** 21

## Credits

| Name | Username | Profile | Role |
| --- | --- | --- | --- |
| CNBC International | @cnbci | https://gondola.cc/cnbci | Social Media Intern |

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