The Chinese “deflation offensive” has now set its sights on Korea’s car market. Some are arguing for higher tariff walls to ...

Domestic sales of all types of electric vehicles rose by 40% in 2024; sales of gasoline powered cars tumbled, including ...

Domestic market remains sluggish, despite second half upturn.

BYD threatens South Korean auto market with competitive pricing and strong sales BYDs entry poses a significant challenge to ...

The stacked bar shows new energy vehicle sales and sales of other fuel car types in China. In China's domestic market, the world's largest, car sales maintained their growth pace in 2024 as EV and ...

In November 2024, China’s Light Vehicle (LV) market sustained its strong performance from October, with domestic LV sales reaching 2.8 million units (excluding exports). This represents a 13.0% ...

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...

According to the association, automobile sales increased by 1.34 million units last year compared to 2023, of which exports ...

A seismic shift is taking place inside the electric vehicle (EV) market. The market shift is coming from China - and auto makers are taking notice.

Toyota’s luxury EV strategy challenges BYD’s dominance in China’s auto market, igniting a fierce competition in the world’s largest and most vibrant EV sector.

They imply that over the coming decade, factories set up in China to produce tens of millions of cars with traditional engines will have almost no domestic market to serve. They also highlight how ...