Friday, 24 August 2018

Why domestic automakers will not dominate China's luxury EV market

Beijing realizes that young domestic automakers can never beat global giants with traditional combustion-engine technology. The government has therefore bet on EVs, which it believes provide local companies with an opportunity to leapfrog rivals.

source http://europe.autonews.com/article/20180824/BLOG15/180829835/why-domestic-automakers-will-not-dominate-chinas-luxury-ev-market

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