Chinese automakers will debut more than 150 electric vehicles in the second half of the year, even as the industry contends with slowing domestic demand, profit-destroying price wars and international complaints about overcapacity.
BYD, Geely and other industry leaders will roll out multiple models costing about 100,000 yuan (US$14,700) during the next two months, according to HSBC, which compiled the data. That should support second-half demand in the entry-level and mass-market sectors, it…
