Reported about 23 hours ago
China's electric vehicle exports are projected to experience zero growth in 2025 following a robust performance in 2024, where overall auto exports reached 4.8 million units. Despite holding the title of the world's largest auto exporter, challenges such as European tariffs and a decline in shipments to Russia may hinder growth. However, domestic sales of electric vehicles continue to thrive, driven by government subsidies and a competitive market landscape, positioning companies like BYD and Tesla favorably amidst a shift in global demand.
Source: YAHOO