As the Year of the Snake begins, Chinese car manufacturers are launching aggressive promotions to boost sales during the Lunar New Year, amid declining demand and economic uncertainty. Tesla offers a five-year 0% interest financing plan for the Model 3 and Model Y, while Xpeng Motors and Nio introduce similar plans. The Chinese government has also provided a subsidy to support sales. These incentives may intensify competition in the European EV market, despite higher import tariffs. Teljes cikk (Euronews.com)