price war
noun
: commercial competition characterized by the repeated cutting of prices below those of competitors
Examples of price war in a Sentence
The airlines are engaged in another price war.
Recent Examples on the Web
But overcapacity also affects China — price wars in the electric vehicle sector are expected to drive some makers out of business — and experts have called for better coordination of policies designed to promote new technologies.
—
CBS News, 8 Apr. 2024
But in a competitive environment, dynamic pricing can also lead to price wars that benefit consumers.
—Lydia Depillis Lydia Depillis, New York Times, 6 Apr. 2024
The sector is also locked in a fierce price war between BYD, Tesla, and other Chinese car brands.
—Lionel Lim, Fortune Asia, 3 Apr. 2024
Like with the price wars, Schrick says Xpeng is prepared to follow its competitors in cutting lease rates if a fresh price war ensues.
—Byryan Hogg, Fortune Europe, 2 Apr. 2024
Tesla, the leader in US EV sales, started a price war for EVs just over a year ago, driving down the value of both new and used EVs, such as those in Hertz’ fleet.
—Chris Isidore, CNN, 18 Mar. 2024
Even Chinese companies can’t escape a global price war that has automakers scrambling for cost savings in batteries, motors, and manufacturing.
—IEEE Spectrum, 5 Mar. 2024
To stimulate flagging consumer confidence, Elon Musk lit a fuse at the start of last year that would spark a broader price war conflagration across the Chinese EV industry—one that has now been raging for months.
—Christiaan Hetzner, Fortune, 20 Feb. 2024
In recent months, BYD has exacerbated the price war initially started by Tesla last summer, slashing prices and introducing new vehicles across its brands, including the super-cheap e2 and Seagull electric hatchbacks.
—William Gavin, Quartz, 2 Apr. 2024
CBS News, 8 Apr. 2024
But in a competitive environment, dynamic pricing can also lead to price wars that benefit consumers.
—Lydia Depillis Lydia Depillis, New York Times, 6 Apr. 2024
The sector is also locked in a fierce price war between BYD, Tesla, and other Chinese car brands.
—Lionel Lim, Fortune Asia, 3 Apr. 2024
Like with the price wars, Schrick says Xpeng is prepared to follow its competitors in cutting lease rates if a fresh price war ensues.
—Byryan Hogg, Fortune Europe, 2 Apr. 2024
Tesla, the leader in US EV sales, started a price war for EVs just over a year ago, driving down the value of both new and used EVs, such as those in Hertz’ fleet.
—Chris Isidore, CNN, 18 Mar. 2024
Even Chinese companies can’t escape a global price war that has automakers scrambling for cost savings in batteries, motors, and manufacturing.
—IEEE Spectrum, 5 Mar. 2024
To stimulate flagging consumer confidence, Elon Musk lit a fuse at the start of last year that would spark a broader price war conflagration across the Chinese EV industry—one that has now been raging for months.
—Christiaan Hetzner, Fortune, 20 Feb. 2024
In recent months, BYD has exacerbated the price war initially started by Tesla last summer, slashing prices and introducing new vehicles across its brands, including the super-cheap e2 and Seagull electric hatchbacks.
—William Gavin, Quartz, 2 Apr. 2024
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'price war.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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Cite this Entry
“Price war.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/price%20war. Accessed 25 Apr. 2024.
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