Global auto firms expand investment in China market as cooperation is needed to boost global green transition

Global auto firms expand investment in China market as cooperation is needed to boost global green transition

A product launch event by Geely at the Beijing International Automotive Exhibition on April 25 Photo: Zhang Yiyi/GT While US-led Western countries are taking unilateral and protectionist actions against China’s booming new-energy vehicle (NEV) sector, the world’s leading automakers such as BMW Group have briskly increased their investment in the China market for greater opportunities, expressing their confidence in the world’s second-largest economy and consumer market.  Chinese…
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Source: https://www.globaltimes.cn/page/202404/1311377.shtml