To end their price war over electric vehicles, Tesla and Chinese automakers sign a 4-Point truce.

A historic agreement designed to encourage fair competition and stabilise the Chinese electric vehicle (EV) market.

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A four-point truce has been agreed to by Tesla and 16 Chinese manufacturers to put a stop to the protracted EV price war.

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The signing ceremony was held today at Shanghai's esteemed China Auto Forum.

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a huge step in the direction of bringing about industry harmony.

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The best automakers in China, including BYD, Geely, and Xpeng Inc., teamed up with Tesla.

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In reality, Tesla and BYD presently rule the global market for electric vehicles.

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Tesla had experienced certain difficulties due to the fierce pricing rivalry among EV manufacturers.

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Unhappy customers criticised the business for its constantly shifting prices.

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