undercutting

Xiaomi launches YU7, undercutting Tesla’s Model Y on price
[ad_1] [BEIJING] Chinese EV and smartphone maker Xiaomi on Thursday (Jun 26) priced its new electric YU7 SUV from 253,500 yuan (S$45,102), almost 4 per cent below Tesla’s Model Y,...
China’s coal plant boom is undercutting clean energy push
[ad_1] Long-term coal-power contracts are also reinforcing the fuel’s dominance at the expense of renewablesCHINA embarked last year on its biggest coal-power building boom in a decade, reinforcing the role...