Chinese Automakers in South Africa: New Models Launch
Key Takeaways Chinese automakers unveiled electrified cars, hybrids and pickups at the WesBank Festival of Motoring, targeting price-sensitive and affluent South African buyers. Rapid market share gains as affordable Chinese models drive EV adoption; about 40% of new-vehicle financing last month were Chinese brands, from 0.01% in 2016. Manufacturers plan portfolio expansion,…