China: More than 100 Brands of Electric Cars Threatened with Disappearance by 2030

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China's largest market in volume for electric cars, there are no fewer than 129 carmakers in China! Knowing that we, the French, only five large, the gap is titanium! The explosion of Chinese car brands in 20 years It must be said that, since 2001 and the country's accession to the World Trade Organization (WTO), customs taxes on imported products and parts have fallen sharply, and promoted the autonomous development of Chinese car brands, in a …

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For several years, new Chinese brands, specializing in electrified cars, have emerged, and are now more than a hundred to market their models in China, and sometimes in other markets. However, by the end of the decade, they could be far fewer. Analysts predict that around 90% of them could disappear in the coming years. The electricity market close to saturation in China Since the beginning of the current decade, there are no more new Chinese br…