Major auto brands, Toyota, Ford, others lose market to Jet Motors - Business Hallmark

Major auto brands, Toyota, Ford, others lose market to Jet Motors - Business Hallmark

…as transporters switch to electric, CNG vehicles  Jet Motor Company (JMC), a new entrant into the Nigerian automobile market, is challenging the dominance of major automobile brands in the business of selling and supplying of vehicles for  transportation in the country, Business Hallmark’s findings have revealed. The relatively newer firm, findings showed, is now the […] The post Major auto brands, Toyota, Ford, others lose market to Jet Motors…

Xiaomi is an absolute newcomer, has only one electric car on offer so far and can still leave behind established manufacturers from Germany, the USA and Japan. This is shown by the current figures for BEV sales worldwide. The Chinese market alone is strong enough to "cold" the rest of the world, because, unlike brands like Toyota, Ford, Audi and Hyundai, Xiaomi sells its only electric car exclusively in China. But there, the electric saloon, whi…