Chinese automakers to take majority of home market for first time - Autoblog

  • 📰 therealautoblog
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Chinese automakers to take majority of home market for first time

But competitive pricing, faster rollouts of new models and the rise of domestic electric carmakers like BYD, Nio and Xpeng Motors have changed the dynamic for made-in-China auto brands.AlixPartners forecast China's overall

By contrast, the U.S. government has provided $12 billion in subsidies over that time, AlixPartners said. That competitiveness will make Chinese automakers as disruptive to established global automakers in coming years as"It would be the best for foreign brands to learn from new Chinese EV startups if they want to survive in China or face the disruptive impact from those brands in their home markets," Dyer said at a briefing.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 528. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines