China’s EV Sales Collapsed By Nearly 20%, And Germany’s Big Five Are Down To 1.6%
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Around 1.2 million EVs were registered across China in Q1 overall.
Just 19,200 of those came from VW, Audi, BMW, Mercedes, and Porsche.
Some German automakers are partnering locally in China to reduce costs.
The meteoric rise of electric vehicles from China has dominated the headlines in recent years, but cracks are starting to show in the local market. Through the first quarter of the year, registrations of new EVs have dropped by nearly 20 percent, leaving some manufacturers facing
Just 19,200 of those came from VW, Audi, BMW, Mercedes, and Porsche.
Some German automakers are partnering locally in China to reduce costs.
The meteoric rise of electric vehicles from China has dominated the headlines in recent years, but cracks are starting to show in the local market. Through the first quarter of the year, registrations of new EVs have dropped by nearly 20 percent, leaving some manufacturers facing
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