German car manufacturers in China: fight for market share
SHANGHAI – The once thriving relationship between German car manufacturers and the Chinese market is showing cracks. For decades, China was synonymous with growth and success for brands like Volkswagen, Audi, BMW, and Daimler-Benz. But times are changing. Volkswagen, once … Continue reading German car manufacturers in China: fight for market share
Chinese Automakers Expand Global Presence
BEIJING – As foreign regulators scrutinize China-made electric car imports, Chinese automakers are strategically expanding their manufacturing footprint across the globe. Here’s a glimpse into their ambitious plans: BYD: Pioneering EV Production Worldwide BYD, the world’s largest electric vehicle (EV) … Continue reading Chinese Automakers Expand Global Presence
Germany to Become World Leader in EV Production
Berlin – In a new study, McKinsey predicts that Germany will overtake China in making electric vehicles. In its 2020 “Electric Vehicle Index,” business consultants McKinsey & Company see a shake-up coming in the electric vehicle sector. “The market share … Continue reading Germany to Become World Leader in EV Production
IAA 2019: First presentation of BYTON M-Byte
Munich – BYTON, the premium brand for smart electric vehicles, will continue its tradition of major announcements at the IAA Frankfurt with the first look at its M-Byte SUV. Two years ago, the BYTON founding team announced the brand’s foundation during … Continue reading IAA 2019: First presentation of BYTON M-Byte
China: Car sales fall short of expectations
Beijing – China announced a series of measures to revive slumping car sales, but failed to meet market expectations as it included no plans to relax controls over the issuance of new licenses for traditional-fuel cars in major cities. Beijing … Continue reading China: Car sales fall short of expectations