The Ongoing Collapse of the Western Car Industry: Q2 2025 Pt. 2.
Regional Updates
Here is part 1 of the Q2 update, as well as the separate coverage of Tesla.
China
In the whole of 2024, electric vehicles (BEV and PHEV) took 48% of the Chinese retail light vehicle market; in the month of December they had a 53% share. That left only 47% for internal combustion engined vehicles (ICEVs). The share of foreign brands fell to only 30%, and t…
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