China's Electric Vehicle Exports Surge Amid Domestic Competition

Reported 18 days ago

China's electric vehicle exports doubled in September compared to last year, reaching 222,000 units, as domestic automakers seek overseas markets due to intense competition and price wars at home. Although domestic sales for passenger cars grew by 11.2%, some companies like BYD saw a decline in sales. The focus has shifted to international markets, particularly in Europe and Southeast Asia, as Chinese manufacturers also face tariffs in various regions.

Source: YAHOO

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