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One in nine new cars today already comes from China

In the EU, the market share of Chinese brands rose from nine to eleven percent in August. German brands are in reverse gear, sales of electric cars increased by 63 percent.

Translated from German Read in German

We haven't written up this one. Der Standard Wirtschaft has the full story — the link below goes straight to it.

Read the original at derstandard.at →

More in Business

The real lesson of Uber’s departure from Nigeria

Uber’s exit from Nigeria is a warning about unsustainable unit economics and the real cost of infrastructure. However, local rails and fintech solutions are shaping the next phase of African mobility.

  • Uber's exit from Nigeria in Sep 2021 highlights deeper issues beyond app performance
  • Fuel prices constitute large portion of drivers' earnings, impacting ride-hailing viability
  • Local fintech infrastructure platforms like Zeeh Africa developing essential services

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