The Future of Electric Vehicle Manufacturing in China The electric vehicle (EV) market is experiencing a dramatic transformation, particularly in China. According to a recent report, out of nearly 130 EV manufacturers, only 15 may survive by 2030. This prediction highlights the intense competition and rapid consolidation that is taking place within the industry. China has the world’s largest car …
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Rising Demand Drives Record Growth in Pakistan’s Auto Sector Pakistan’s automotive industry has experienced a significant upswing in the fiscal year 2024-25, with car sales witnessing a notable 43% rise. This surge has been driven by a combination of favorable economic conditions and strategic market developments. The total number of vehicles sold, including cars, jeeps, and pick-ups, reached 148,023 units, …
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Growing Popularity of Utes and SUVs in Australia Despite Emission Regulations Despite the introduction of new emission regulations, Australian drivers continue to show a strong preference for utes and SUVs. This trend has sparked concerns among industry experts about the effectiveness of recent environmental policies aimed at reducing vehicle emissions. The government’s New Vehicle Efficiency Standard (NVES), introduced by the …
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