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South China Morning Post
South China Morning Post
AsiaPac · 2 hrs ago
75◉ Centre
Chinese EVs reclaim momentum as tech upgrades, incentives squeeze gains of foreign marques
75Quality
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AI Analysis
Quality 75/100
Partisan intensity 25/100
ObjectivePartisan
◉ Centre ✓ Fair headline

Chinese electric vehicle manufacturers are regaining market share in China as foreign carmakers like Volkswagen and Toyota struggle to maintain their early-year gains, despite offering technology upgrades and competitive incentives.

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Chinese EVs reclaim momentum as tech upgrades, incentives squeeze gains of foreign marques
International marques have failed to sustain the market share they regained in China early this year after consumers fell back in love with electric vehicles (EVs), a sector where domestic brands continue to enjoy an overwhelming advantage. Foreign carmakers from Volkswagen to Toyota held a combined 30.3 per cent share of the Chinese automotive market in April, with about 418,140 vehicles handed to local customers, according to data from the China Passenger Car Association (CPCA). In the first..
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