A worker wipes as visitors sit on a BYD Song Pro DM-i car model during the Auto China 2024 in Beijing, Sunday, April 28, 2024. Global automakers and EV startups unveiled new models and concept cars at China's largest auto show, with a focus on the nation's transformation into a major market and production base for digitally connected, new-energy vehicles.
The green energy subsidies have helped transform the Chinese auto market, with EVs reaching about a quarter of new car sales last year, eating into demand for gasoline-powered vehicles.are scrambling to develop new EV models to hold onto or claw back market share in China, the world's largest automobile market.
Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: verge - 🏆 94. / 67 Read more »