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How the New Chinese Auto Giants Overtook GM, Volkswagen and Tesla

Summary by Saaz O Awaz - Listen Online
BYD, Chery and other Chinese automakers have reshaped global competition with their unprecedented agility. They have found ways to develop new models in less than half the time needed by their foreign competitors, helping to drive explosive growth, British agency Reuters analyzes today. So in October 2023, Chinese automaker Chery ordered engineers and parts suppliers to urgently travel to a ...
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Chinese automakers such as BYD and Chery are rewriting the rules of global competition, developing new models at twice the pace of Western rivals and conquering international markets with unprecedented speed. According to a Reuters investigation, Chinese automakers manage to launch an entirely new model in just 18 months – compared to the 5-10 years required in Europe or the United States – which gives them a major competitive advantage in a per…

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elektroauto-news.net broke the news in on Thursday, July 3, 2025.
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