/PRNewswire/ The traction control system market size is estimated to grow by USD 10.84 billion from 2022 to 2027. The market is estimated to accelerate at a.
/PRNewswire/ The Automotive Seat Actuation System Market is set to increase by USD 1.18 billion, at a CAGR of 8.9% between 2023 and 2028, according to the.
/PRNewswire/ The electric vehicle motor market is estimated to grow by USD 14.49 billion from 2023 to 2027, according to Technavio. The market is estimated.
Strategic reductions by many companies are a sign of pragmatism and an acknowledgement that the world’s largest car market isn’t necessarily a profitable one. Pricing power, government subsidies, and the speedy adoption of new-energy vehicles like battery and hybrid-powered models by Chinese automakers made foreign brands increasingly redundant
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