#global-market

#global-market

Chinese carmakers are gaining substantial market share in emerging markets, despite attempts to limit their presence in the U.S.

BYD has overtaken Honda and Nissan in car sales, becoming the 7th largest automaker worldwide as of Q2 2024.

BYD's sales volume surged by 40%, making it the seventh-largest global automaker and surpassing Honda in quarterly sales for the first time.

Chinese automakers have evolved to dominate the global EV market with impressive speed, quality, and craftsmanship, challenging traditional automotive leaders.

Volkswagen is struggling with declining sales and increased competition in the electric vehicle market, leading to significant operational and workforce cuts.

Polestar expects lower revenue in 2024 due to declining EV sales and has been impacted by a global price war.

The global transition to electric vehicles (EVs) is significant and encompasses various forms of transportation beyond cars, such as buses and bikes.

Solid-state batteries represent a potential breakthrough for the EV industry, promising benefits that address current battery limitations despite manufacturing challenges.

The rise of electric vehicles globally highlights a crucial shift towards clean energy solutions.

A price war in the EV market is anticipated to start in 2025, driven by intense competition and desire for more affordable electric vehicles.

Gotion is building battery factories in Slovakia and Morocco with a $2.6 billion investment to meet growing EV demands.

Global ad spend will exceed $1tn in 2024, primarily benefiting major companies like Google and Meta.

TikTok Shop's launch in Spain is a strategic move ahead of a potential US ban.

European regulators are scrutinizing Google and Meta's ad partnership targeting minors.

E-commerce firms in China are shifting focus abroad due to reduced interest in Singles' Day amid economic stagnation.

Huawei's Mate XT smartphone, the first trifold device, targets a global market but comes with a hefty price tag, raising questions on consumer interest.

Oppo is re-establishing its presence in global markets with the successful launch of the Find X8 series.

Oppo and Vivo's Ultra flagship models will not be available outside of China, disappointing global enthusiasts.