Chinese Automakers Overtake U.S. Rivals: A Global Shift in the Automotive Industry
The automotive world witnessed a significant turning point in 2023 as Chinese automakers, for the first time, outsold their American counterparts on the global stage. According to a report from Jato Dynamics, Chinese car brands sold 13.4 million vehicles last year, compared to 11.9 million sold by U.S. automakers. This surge marks a[ ► ]
Challenges and Strategies: The Entry of Chinese EVs into North American Markets
Challenges and Strategies: The Entry of Chinese EVs into North American Markets. Affordable electric vehicles (EVs) from China might arrive in Canada before making their way to the United States. The U.S. has strong protections against BYD, a Chinese electric vehicle manufacturer, establishing a plant in Mexico, whereas Canada does not share the[ ► ]
