Auto Makers Raise Bets in China Despite Market Slowdown

  • 📰 WSJ
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

China is becoming the proving ground in the electric-vehicle battle between Volkswagen, General Motors and Toyota—plus the upstarts following Tesla's electric-only lead

Three decades of blistering growth in China’s auto sales came to a stop last year. But for the big foreign players who dominate the market, the country still represents the industry’s future.

As Beijing steps up to prioritize electric vehicles, the world’s largest auto market by sales is becoming the proving ground in the battle between Volkswagen AG, General Motors Co., and Toyota Motors Co.—plus the new generation of upstarts, many of them Chinese, following Tesla Inc.’s electric-only lead.

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:

 /  🏆 98. in AU
 

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

I’m sure they stole that technology also.........

Car manufacturers on notice. Only EV will be sold in America starting on day one.

Why are you not following the story of Uighur muslims being forced to work for vw as slave labour after being released from the Chinese concentration camps. Given germany’s past love affair with concentration camps merkal wants it kept quiet

China is forging ahead in cars of the green future & Trump wants to take us backwards by deregulating car exhaust systems. Much to the dismay of car manufacturers & anyone else that believes green is the wave of the future.

Trump is obstructing progress. China and Europeans will lead in the development of electric cars 🚘.

America really has no interest in electric anything when it comes to cars.

I just can't understand why our corporations like GM continue to give away technology & jobs to the enemy state of China?

sure make a deal with the devil

Please remember that everyone but Ford needed a cash bailout. They were able to keep themselves afloat thank you very much.

The previous losers to Ford

Australia Australia Latest News, Australia Australia Headlines