News Formal

China’s competitive car market at heart of global EV revolution

  • 📰 malaymail
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 86%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

BEIJING, April 1 — China is the biggest electric vehicle market in the world, a battle royale featuring both established carmakers as well as upstarts such as Xiaomi, which...

No one should be allowed to use religious, racial sentiments to gain votes, popularity, says Sarawak church head in Easter message

And of its forecast of 17.5 million EV sales this year, Rystad expects China to account for 11.5 million, or 65 per cent. The rest of the pack includes Volvo Cars-parent Geely and electric SUV maker Li Auto, as well as the relatively newer XPeng and NIO. Analysts have said the process of consolidation in China’s EV market will continue as some companies go out of business, look to merge with others or seek buyers for their technology and assets.

European Union chief Ursula von der Leyen announced in September an investigation into Chinese subsidies for electric cars, vowing to defend European industry from unfair competition.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 1. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

China’s Xi meets US business executives in BeijingBEIJING, March 27 — Chinese President Xi Jinping met with representatives of US businesses today as Beijing seeks to woo foreign investment and reassure American firms in the...
Källa: malaymail - 🏆 1. / 86 Läs mer »