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How to target automotive firms in China?

How to target automotive firms in China?

As on September 2022, vehicle sales increased for four consecutive months, after a slowed down perceived in the middle of the year due to massive lockdowns, slowing production and consumption. September’s 2022 sales in China reached 2.61 million units. A year-on-year increase of more than 25%. It is also predicted that EV/Hybrid vehicle sales will…

China helps the European cars manufacturer to survive

China helps the European cars manufacturer to survive

This year, China helped the European car sector by importing a huge amount of luxury and electrical vehicles. In fact, while China has become the worlds’ largest automotive market according to Statista, Europe’s automotive sector is suffering a decrease in 2020 due to the lowering of internal demand. Demand in China focuses on the electric…