China’s Electric Vehicle Sector Challenges for Volkswagen
China's Electric Vehicle Sector Challenges for Volkswagen China's electric vehicle (EV) market is a rapidly evolving battlefield, characterized by fierce competition and innovation. At the heart of this transformation, global automotive giants find themselves at a crossroads, facing the dual challenge of adapting to this new electric dawn while contending with homegrown Chinese[ ► ]
Electric Revolution Gains Momentum: CATL and BYD Slash Battery Prices by Half in 2024
Electric Revolution Gains Momentum: CATL and BYD Slash Battery Prices by Half in 2024. In 2024, CATL and BYD are poised to significantly reduce battery prices by up to 50%, a move that could halve the cost of battery packs by the year's end compared to prices at the close of 2023. This[ ► ]
