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Chinese Automakers Gain Ground in Global EV Race as Other World Leaders Risk Falling Behind
- Chinese manufacturers secured the top five positions in Zero Emission Vehicle class coverage and five of six top positions for Electric Vehicle sales share.
- BYD surpassed Tesla in global Battery Electric Vehicle sales for the first time in 2024, achieving a 25% increase in sales compared to 2023.
- Tata Motors entered the 'transitioner' group by launching new Electric Vehicle models and improving battery recycling efforts, marking a significant milestone.
- Chinese automakers are expanding globally, putting pressure on other leading manufacturers to speed up their EV transitions.
112 Articles
112 Articles
Chinese Carmakers Expand Sales in Europe Despite Trade Barriers
When the European Union last year imposed steep tariffs on electric cars made in China, it looked like a serious setback for BYD and other Chinese automakers. But the Chinese companies were not so easily discouraged. They pivoted to hybrids or gasoline-powered cars that were exempt from tariffs. They began importing less-expensive models. And they concentrated on countries like Italy and Spain, where German and French carmakers are less entrench…
Spain could put aside one of the materials that is causing the most dependence on it. To this end, it has exposed to the world the creation of a battery that threatens the exacerbated advance of China. At this point, there is no one who can doubt that the electric car has transformed the motor industry. The great objective of the European Union is to be able to ban the sale of thermal cars by 2035, with exceptions counted. Under this framework, …
China’s EV sales race ahead of competitors
China’s carmakers are rapidly growing their lead in the global EV industry. New research showed that Chinese automakers held most of the top positions globally in EV sales, and were likely deepening their advantage as rivals in the US and EU lag behind technologically. It comes as Chinese manufacturers increase their focus on domesticating their supply chains, particularly for chips: Major Chinese EV brands are aiming to launch models entirely e…
With a truly stimulated internal market, Chinese manufacturers are achieving global growth, taking a leading position in the sale of electric cars. A new report from the International Council on Clean...
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