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Mercedes CEO Says Brand Sticking With China for the Long Haul

The Truth About Cars

brands like General Motors also have a lot riding on relations remaining copesthetic with China. However, America seems increasingly interested in distancing itself from the nation while Germany has grown more reliant on the Chinese market. This purchasing power should benefit us." influence.&

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Battery electric cars accounted for 70% of the electric car stock in 2023, states the IEA annual report of the EV global parc. Chinese car makers can undercut rivals in Europe because their production costs are heavily subsidised. These trends indicate that growth remains robust as electric car markets mature. China exported over 1.2