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Foreign auto joint ventures lose ground to local EV makers in China

Staff reporter, Taipei; Rodney Chan, DIGITIMES Asia Tuesday 24 September 2024 0

Credit: AFP

Foreign auto joint ventures (JVs) that once dominated China's car market are rapidly losing market share to local electric vehicle (EV) manufacturers, according to industry sources. JVs formed by foreign marques and local partners have seen their combined...

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