Chinese automakers overtake U.S. rivals in sales for the first time, report shows
Publishing timestamp: 2024-06-14 12:21:50
Summary
Chinese automotive companies outsold U.S. counterparts for the first time in 2023, with Chinese brands like BYD leading the way. Chinese carmakers have expanded globally, particularly in emerging markets, despite trade headwinds and increased tariffs on Chinese exports.
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Keywords: autos, business, electric vehicles, business news, byd co ltd,