Tesla faces major competition in China. Meet its biggest rivals
The world's largest auto market is swamped by more than 120 EV makers
Source: qz.com
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BYD chairman Wang Chuanfu expects sales growth to slow in 2024, banks on export surge to shore up profitability
BYD, the world’s largest electric-vehicle maker, is targeting a 20 per cent increase in sales this year, just a third of last year’s tally, as overcapacity concerns and a price war loom over the sector in mainland China.
Source: scmp.com
Amazon Has One World Left To Conquer: Your Car
Plus Volkswagen had a good 2023, and GM is struggling in China
Source: jalopnik.com
Chinese Cars Shine Bright At Munich Auto Expo, Echoing Germany's Economic Struggles
Germany faces economic challenges, particularly in energy costs, as it seeks to revive its auto industry. This demands adaptable strategies and a readiness for innovation. The focus on Chinese automakers at the show underscores the increasing competition in the global electric vehicle market.
Source: sputnikglobe.com
SAIC-GM-Wuling reports robust sales in 2022-Xinhua
SAIC-GM-Wuling reports robust sales in 2022-
Source: english.news.cn