The key is to stop them from moving. Try getting a load of Libyan Spearmen, or even Sacred Band (if you can get them yet), and waiting in formation for the chariots to attack. Otherwise beat them with sheer weight of numbers- when the chariots stop running around and you have a load of troops attacking them, they drop like flies.
Enjoy it! I find it fun when the AI presents a challenge like that. :)
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