... drops by as much as 50% within just one year of operation. This creates a unique situation where owners of such vehicles face considerable losses upon resale, while buyers can discover attractive offers on used cars. Current Situation in the Chinese Car Market Chinese automakers, such as Geely, Chery, Haval, and others, have been actively strengthening their positions in Russia over the past few years. This has been made possible by: A wide range of models, from budget sedans to premium SUVs. Competitive pricing ...

... significant impact on the global market and Russia. In this article, we will look at how almost 50% of passenger car sales in China are electric cars and hybrids, and analyze the impact of this trend on gasoline demand. We will discuss the active expansion of Chinese manufacturers such as BYD into international markets and their impact on the Russian car market, where more than 90% of imported cars come from China. Find out about the prospects for the development of electric vehicles and their impact on the economy. Don't miss out! Chinese Electric Vehicles: A New Era in the Automotive Industry ...

... introduction of new technologies. Chinese companies are already offering cars with modern technologies and high comfort levels, which will also push German brands to adapt their offerings. Reducing Dependence on Chinese Automotive Industry: As the Russian market rapidly fills with Chinese brands, the return of German cars will provide an alternative. This will benefit consumers who prefer European quality and aid in market diversification, which will not be entirely reliant on one region. Restoration of Dealer and Service Infrastructure: German car brands will return ...

... promised that the U.S. would once again produce cars "at a speed the country could not have dreamed of a couple of years ago." By the end of 2024, electric vehicles and all types of hybrids already accounted for more than half of new passenger car sales in China, Tereshkin noted. "Chinese companies will lobby for further electrification of ground transportation in the domestic market, which will allow them to recoup losses from the closure of the U.S. market. As a result, demand for gasoline in China will decline in 2026-2027," the expert said. "In the next two years, the share of electric vehicles in passenger car ...

... penetrate markets. This also indicates a growing demand for eco-friendly transport in Southeast Asia. For investors, this signals prospects for companies specializing in EV technologies. Hashtags: BYD, electric vehicles, automotive, Singapore, Toyota, car market Volkswagen is considering transferring European capacities to Chinese automakers. The Volkswagen group is prepared to consider the transfer of excess production capacities at its European plants to Chinese automakers, according to the Financial Times. Analysis: This move reflects the pressure on European automakers ...