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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

Chinese car makers can undercut rivals in Europe because their production costs are heavily subsidised. Local carmakers have thus far maintained a strong foothold in the market, and account for the bulk of electric car sales in cumulative terms since 2010, led by Tata Motors (70%) and Mahindra & Mahindra (10%).