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China’s EV dominance and Germany’s electrification push

Baua Electric

13 June 2025 Read next China eclipses US in the global EV stakes 12 June 2025 Read next UK LCV markets see surprisingly different demand 11 June 2025 Read next Did EVs revitalise a flagging Italian new-car market? In this week’s episode, a look at China’s grip on the global EV market. of global BEV sales and 69.4%

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Used-car market continues to struggle in Poland

Baua Electric

Notably, the Polish new-car market has seen an increase in Chinese brands debuting. Although manufacturers are pushed to produce and sell BEVs due to Corporate Average Fuel Economy (CAF) regulations, the used car market has yet to fully embrace this powertrain, further reinforcing their low RVs.

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Global EV Sales Surge: Analyzing the 18% Increase in January

Baua Electric

The global electric vehicle (EV) market has kicked off 2025 with an impressive surge, recording an 18% increase in sales in January compared to the previous year. Global EV Sales Growth: Key Insights According to Reuters ( Source ), global EV sales rose by 18% in January 2025, with notable growth in the U.S.

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Toyota, 5 Chinese companies establish R&D JV for commercial vehicle fuel cell systems in China

Green Car Congress

Toyota Motor and five Chinese OEMs—China FAW Corporation Limited (FAW); Dongfeng Motor Corporation (DFM); Guangzhou Automobile Group Co., FCRD is a company that holds tremendous significance for Toyota's global FC strategies. GAC Group); Beijing Automotive Group Co., BAIC Group); and Beijing SinoHytec Co.,

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Volvo Car Corporation signs MoU on strategic partnership with China Development Bank Corporation

Green Car Congress

Volvo Car Corporation and China Development Bank Corporation have signed a Memorandum of Understanding (MoU) for a strategic partnership. —Stefan Jacoby, CEO & President of Volvo Car Corporation.

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Daimler takes 12% stake in Chinese parter BAIC Motor; first non-Chinese automotive company to acquire an interest in a Chinese OEM

Green Car Congress

This marks the first investment by a non-Chinese automotive company in a Chinese OEM. The official closing of the transaction followed a short time after the signing of the investment agreement between the two companies in Stuttgart earlier this year and a smooth approval by the relevant Chinese authorities.

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GlobalData: Global automakers earmark nearly US$600B for EVs over next decade

Green Car Congress

However, the flurry of announcements from the OEMs could also be interpreted as a high-stakes game of one-upmanship or a corporate PR exercise to boost investor confidence. Prior to this, Toyota had only a few BEV models manufactured with its Chinese partner GAC Group. Toyota plans to launch 30 models by 2030. Toyota announced US$70.4

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