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Foreign automakers are vying for dominance in the world’s largest automotive market, China, by adapting to its regulatory landscape and consumer preferences through strategic partnerships and joint ventures with domestic car brands. The push towards Electric Vehicles (EVs) and New Energy Vehicles (NEVs) is fueled by China’s growing economy, urbanization, government incentives, and the environmental […]

China cements its status as the top Largest Automotive Market, driven by a growing economy, rapid urbanization, and an expanding middle class eager for both domestic car brands and international models. The pivot towards Electric Vehicles (EVs) and New Energy Vehicles (NEVs), fueled by environmental concerns and government incentives, is revolutionizing the market. Foreign automakers […]