Volkswagen
aims to preserve its market share in China at about 15% in 2030,
the head of its China business said, betting heavy investment
there will help it maintain its competitiveness against.
Analysis-China s EV Survival Game Creates Peril usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Chinese EVs: China s EV market experiences fierce competition as new models flood the market, leading to price reductions. Innovative approaches by companies like Hesai and Launch Design are reshaping the industry dynamics and accelerating EV development.
BEIJING (Reuters) - By most measures, the last thing China needs is more electric cars crowding a market with more losers than winners, driving down prices at the expense of profit and taking the fight for market share beyond China. And that's just.