Foreign auto joint ventures lose ground to local EV makers in China

Foreign auto joint ventures lose ground to local EV makers in China

Foreign auto joint ventures (JVs) that once dominated China’s car market are rapidly losing market share to local electric vehicle (EV) manufacturers, according to industry sources. JVs formed by foreign marques and local partners have seen their combined…



Source link

Visited 1 times, 1 visit(s) today

Leave a Reply

Your email address will not be published. Required fields are marked *