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

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