Once considered a laggard, the German luxury carmaker is one of only a few established automakers that has been able to compete effectively against Tesla.
¿Realmente queremos que Estados Unidos se convierta en un páramo automovilístico de coches sobrevaluados, caros y que consumen mucha gasolina?
Do we really want America to become a backwater of bloated, expensive, gas-guzzling cars?
The leading Chinese electric vehicle company, with origins as a battery maker, has posted two years of million-car growth in sales.
Hefei has led the country in making electric vehicles and other tech products, but it still has not escaped a nationwide housing crisis.
Sales by BYD, the country’s dominant automaker, topped 3 million last year, including 1.6 million fully battery-powered cars in a sign of China’s rapid growth in EVs.
The announcement underscores the threat to European and U.S. automakers posed by Chinese electric-vehicle manufacturers.
Volkswagen is shifting more operations to China, tapping the country’s electric vehicle capacity and building factories.
The world’s largest carmaker dominates the sales of hybrid cars but has been slow to sell all-electric vehicles, alienating some customers and hurting sales.
Even as China’s other exports falter, its carmakers are seeing big increases in overseas sales, mainly for gasoline-powered models.