Eurasia News Online posted: " China is increasing domination in the EV market at home and abroad China shifts to electric overdrive and increasingly dominates the EV market at home and abroad. Foreign automakers face many challenges in China. More Eurasia Transport" EURASIA NEWS China – New Electric Overdrive take off Eurasia News Online Dec 20 Japanese automaker Mitsubishi Motors announced in October 2023 that it was pulling out of a joint venture with the Guangzhou Automobile Group (GAC) amid declining sales and fierce competition from electric and hybrid vehicles. The decision highlights the broader challenges foreign automakers face in China and the significant shifts in the global automotive […] Read more of this post Manage your email settings or unsubscribe.

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