Automobile marketshare for battery electric vehicles (BEV) in China reached 27% in 2024, compared to 13% in the EU and 8% in the US. To see if this gap will continue, BCG surveyed
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In November, Chinese EV brands had mixed results in the largest European auto market. MG was down 33%, Xpeng was down 19%, BYD was up 24%, and Nio increased by 93%.
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Comprehensive analysis of China''s $377B electric vehicle market. Market leaders, technology trends, global expansion & 2025-2030 forecasts.
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China is rapidly expanding its footprint in the European electric vehicle market, leveraging a highly integrated value chain and strong government support. As Europe strives to meet its 2035 zero-ICE
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Chinese automakers built nearly one in 10 passenger cars sold in Europe last month, a record share that caps a year of rapid growth led by brisk sales of hybrid and battery-powered vehicles.
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German automotive giants Volkswagen, BMW, and Mercedes-Benz are already critically dependent on the Chinese market, where they earn the lion''s share of their profits, and any new
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Chinese electric vehicle (EV) exports pose a dilemma for Germany and the rest of Europe. On the one hand, EVs are increasingly technologically superior to traditional internal
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BERLIN, June 18 (Reuters) - Chinese electric vehicle imports to Germany declined in the first four months of the year, but Asia''s economic powerhouse still managed to increase its EV...
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Although the global market remains strongly linked to the momentum in China, the market in Europe is developing even more dynamically and is actually outpacing Chinese growth.
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BYD of China sold more electric cars than Tesla in Europe for the first time last month, reflecting an aggressive push by the Chinese automaker on the continent as well as the continuing...
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