Foreign carmakers are losing ground in China as the country’s EV price war heats up. Domestic brands are set to capture 70% of the market this year, while foreign players face shrinking demand and tough choices—invest more or exit. So, what’s next for global automakers in the world’s largest EV market? Let’s break it down in this report.

Foreign carmakers face market squeeze as China’s EV sales slow

Renault and Stellantis unveiled new French-made electric vehicles (EVs) at the Paris Motor Show on Monday, as President Emmanuel Macron announced bigger subsidies for poorer families to buy EVs and pushed for more local production.

WION Business News: As carmakers unveil new EVs, France announces bigger subsidies for poorer buyers

The company was hit hard by a months-long lockdown imposed in late March to slow the spread of the novel coronavirus.

India's largest automakers marks strong sales in October

It's not just groceries and medicines even cars can be ordered online and get home delivered. The coronavirus pandemic has forced car makers in India to adopt a new strategy of sales and delivery.

Carmakers go online to boost falling sales amid virus pandemic

China will not make significant cuts to subsidies for new energy vehicles (NEV) this year, signalling that its policy will remain relatively stable, state media quoted the country's industry ministry as saying on Saturday.

China's Miao Wei: No significant cut in 'New Energy Vehicle' subsidies in 2020

Amidst the economic slowdown, car sales have dropped sharply in India. Two days ago, Tesla launched a car in India, but traditional car makers are a worried lot. Meanwhile, PM Modi met members of India Inc. to address the slowdown, but FM Nirmala Sitharaman was missing in action. WION's Palki Sharma explains. #Gravitas #India #EconomicGrowthIndia #CarSales

Gravitas: India's economic growth slowdown, Bumpy ride ahead

Britain should delay Brexit beyond October 31 rather than leave the European Union without a deal, which would be particularly harmful to large carmakers, the head of the sector's industry body told Reuters on Friday.

Leaving without a deal would be the worst outcome: UK carmakers on no-deal Brexit

A downturn in China's car market has wrong-footed some of the world's biggest automakers, saddling them with factories they no longer need and that are costly to retool, according to a report from the Dow Jones Newswires supplied to EFE on Tuesday.

Idle hands in China workshops: Foreign carmakers struggle with zombie plants

The industry needs a "clear and foreseeable time frame" for emission goals beyond 2021, when a new limit of 95 grammes of CO2 per kilometre is due to enter force, said Daimler boss Dieter Zetsche, who currently chairs ACEA, the main European carmakers' association.

EU carmakers offer conditional 20 per cent CO2 cut by 2030

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