New Delhi, Aug. 5 -- Beijing - In a rare and pointed intervention, the Chinese government has ordered electric vehicle manufacturers to stop slashing prices and expanding output at unsustainable rates, warning that the sector's unchecked race for market share is driving the economy into what Beijing calls "involution," a self-defeating spiral of overproduction and collapsing margins. The warning, issued [.]

Published by HT Digital Content Services with permission from The Eastern Herald....