US EditionChina's fast-growing EV makers pursuing varied routes to global expansion
- Chinese automakers like BYD and Geely are rapidly expanding their presence worldwide.
- Intense competition in China drives these companies to build necessary sales volume abroad.
- Companies establish factories in places like Russia, Thailand, and Brazil to support this growth.
- Great Wall Motors saw its net profit jump over 80% last year despite falling China sales.
- This global push by Chinese firms significantly reshapes the world's automotive landscape.
16 Articles
16 Articles
A Spanish woman travels to China and says what cars she has seen most in this country: «Most of them are electric»
The automotive world tends to interest thousands of fans and, beyond the interest that Tesla models may have generated in recent times, the truth is that Asian cars take a lot of eyes for their combination of quality, price, technology and reliability . In this sense, Japan, South Korea and also China currently have the most potential companies. Thus, Toyota, Honda, Subaru or Mazda are some of the best known brands for their good value for money…
Associated Press News
China's fast-growing EV makers pursuing varied routes to global expansion
The world's auto industry is getting a shake-up from Chinese automakers that are quickly expanding across the globe, offering relatively affordable electric vehicles designed to wow car buyers with sleek designs and the latest high-tech interiors.
Asian investment accelerates shift in African Auto sector
Africa’s automotive landscape is undergoing a dramatic transformation. Once dominated by established European and American brands, the market is now experiencing rapid and significant change, led by a growing presence of Asian automotive manufacturers. From China, India, Japan, and South Korea, these players are reshaping the continent’s automotive supply chain, vehicle sales landscape and local manufacturing capacity. According to Dylan Petzer,…
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