The major problem here is that China is offering prices below production costs aiming to ruin foreign competition. Once the objective of a monopoly-like market is reached, they can increase the price.
China's domestic market has already seen a heavy price war leaving many EV companies in financial troubles (and, consequently, leaving buyers often without the possibilty of software maintenance and other after-sales services).
Baidu's brand WM Motor, for example, ran out of liquidity last year, as well as Tencent's Aiways. Other brands like Levdeo or Singulato filed for bankruptcy if I remember that right.