Photo: The Wall Street Journal Excess capacity among carmakers in China is driving the world’s largest auto market into a shakeout phase. Overall, car sales in China rose 5.5% last year to 22.9 ...
Growth in sales outpaced production, which rose 3.7%. China's exports of passenger cars jumped almost 20% in 2024, to almost 5 million vehicles. Out of that, exports of what China calls “new ...
[Photo/Xinhua] Except for a relatively sluggish commercial vehicle market, China's automobile industry outperformed expectations in 2024, with total sales, NEV production and sales, and exports ...
Despite its vehicles selling for less than $17,000 on average, BYD topped Mercedes-Benz and Volkswagen, ranking first in car sales revenue in China last year. After taking the market by storm in ...
Growth in sales outpaced production, which rose 3.7%. China's exports of passenger cars jumped almost 20% in 2024, to almost 5 million vehicles, contributing to a sharp rise in China's overall ...
By any measure, China’s EV growth has been extraordinary — more than half of new cars sold last year were electric. The ...
In 2024, Tesla delivered 36.7% of its cars to customers in China, its second-largest market, based on the sales figures. However, its global deliveries slid 1.1%, missing CEO Elon Musk's earlier ...