Why US may be open to affordable Chinese cars; BYD’s in-vehicle karaoke: 7 EV reads
We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. Demand for affordable EVs will force open US market to Chinese models: analysts Consumer demand for affordable electric vehicles is likely to force open the US market to Chinese…
American consumers are likely to open up the US market to Chinese electric vehicles (EVs) in the next few years due to increasing demand for affordable models, despite current trade barriers, according to analysts. However, Tesla faces a challenging prospect in obtaining Beijing's approval for its higher-level autonomous driving technology.
Meanwhile, China's SAIC Motor has extended its partnership with General Motors for another 20 years, solidifying their joint venture until 2047 in the face of stiff competition from local manufacturers. In a unique twist, China's electric vehicles are also gaining attention for their in-vehicle amenities, such as karaoke systems, transforming them into fully-fledged entertainment centers.
Furthermore, analysts predict that Chinese car manufacturers could secure anywhere from 15% to 30% of the European automotive market by 2035, a significant rise from their current market share of around 10% this year.
Written by urgent.news from South China Morning Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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