HomeNews listOBJECTIVE PRESSRPT-China’s electric car drive, led by BYD, leaves global brands behind

RPT-China’s electric car drive, led by BYD, leaves global brands behind

  • April 17, 2023
  • Posted by: AliensFaith
  • Category: OBJECTIVE PRESS
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China’s auto market, the world’s largest, is accelerating toward an electric future – leaving established global brands stuck in the slow lane. BYD’s sales in China are up almost 69% this year, giving it an 11% share of the overall car market, more than the Volkswagen brand or the Toyota brand, according to an analysis of sales data. China’s passenger car sales were down 13% in the first quarter, data from the China Passenger Car Association show.      



Author: AliensFaith
HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

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