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Electrified Vehicles Drive China Auto Sales to Record 31.4 Million, Twice U.S. Volume

Electrified Vehicles Drive China Auto Sales to Record 31.4 Million, Twice U.S. Volume

After several weak years triggered by the COVID pandemic, Chinese auto sales surged to a new record nearly twice that of the U.S. market. And strong demand for EVs and hybrids played a critical role, according to industry data. Meanwhile, Chinese auto exports also surged to record levels. More from Headlight.News.

Chinese Automakers Planning to Add Overseas Production to Sidestep Tariffs, Trade Barriers

Chinese Automakers Planning to Add Overseas Production to Sidestep Tariffs, Trade Barriers

Chinese automakers are rapidly expanding exports to key regions like Europe and Latin America after long focusing on their home market. But that’s created problems as target markets fight back with new tariffs and other trade restrictions. As a result, some Chinese manufacturers are looking to shift production abroad – and that could include factories in the U.S.

Automakers Face “The Most Uncertain and Volatile” Times in Industry History

Automakers Face “The Most Uncertain and Volatile” Times in Industry History

The auto industry is in the midst of the most unsettling shake-up its seen in more than a century and that’s likely force radical change in not only what products manufacturers bring to market but how and where they sell them. For one thing, Detroit automakers should consider pulling out of China, said Bank of America analyst John Murphy as part of his annual “Car Wars” study.