Inside Chinese car market: the rise of homegrown players and the impact of Covid-19
Chinese car market is one of the biggest and most developed markets in the world. In 2021, more than 26.7 million vehicles were sold in the country. China contributed to more than 32% of the world car production in 2021. Having a gross output of more than 10 trillion RMB (1.4 trillion USD) in 2021, […]
BP and Didi partnership to make an EV charging network in China | Daxue Consulting
The goal of the BP and Didi partnership is to build electric vehicle (EV) charging infrastructure in China, the world’s largest market for electric vehicles. The new joint venture plans to develop a network of EV charging hubs across the country. DiDi is the world’s leading multi-modal transportation platform, offering users a full range of app-based […]
Car market in China show interesting development
Car market in China show interesting development Demand for luxury durables Due to fast growth and rapidly shrinking middle class, luxury durables gain its popularity in China. In particular, car market in China is supposed to be the largest and fastest growing in the world due to increasing demand over the last few years. “Love […]
Car Distribution in China
Market Overview on the Automotive Retail in China: Pangda Groupi, Yaxia Automobile and Grand Orient, Zhejiang Material Industrial Zhongda Yuantong Group With the accumulation of wealth among the rich in China, cars are now a daily necessity. Market model of distribution channel of car sale is analyzed in Chin. The future of the car retail […]