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The early success of Chinese brands in Mexico and Latin America offers a glimpse into the expansion strategy for these carmakers outside of the world’s largest EV market.
Petrol cars are enjoying somewhat of a revival, according to JATO Dynamics’ European sales data showing petrol cars are now selling almost as well as they did before the pandemic. This success comes at the expense of diesel cars.
Car makers have been warning for some time that recent electric vehicle (EV) sales have not been as strong as hoped.
Chinese electric vehicle production is beginning to seriously ramp up with more models being built overseas than in UK or European car plants.
Chinese-made vehicles saw the highest levels of year-on-year growth across Europe in February, according to new data from JATO Dynamics.