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China’s electric vehicle market, a rising global leader in EV technology

China’s Electric Vehicle (EV) market is poised for exponential growth, fueled by clean energy initiatives and robust government backing. With an estimated revenue of US$ 292.1 billion in 2023, the market is set to experience a compound annual growth rate (CAGR) of 6.38% from 2023 to 2028. In terms of vehicle types, EVs can be […]

China’s EV brands: Leading the electric mobility revolution with technological innovation and a consumer-centric approach

china's ev brands

Electric Vehicles (EVs) are automobiles that are powered either entirely or mostly by electricity. EVs are particularly environmentally friendly since they consume little to no fossil fuels (gasoline or diesel), resulting in significantly reduced emissions. Moreover, EVs have fewer moving components, leading to lower maintenance requirements and low operating expenses. In China, over 94 brands […]

How are brands paving a greener path in China’s automobile, beauty, and fashion industry?

daxue-consulting-china-sustainable-businesses-carbon-neautrality

Under the reality of global warming, sustainable business practices have become increasingly important to align with the shift in Chinese consumers’ purchasing decisions toward greener alternatives. With the efforts of education on sustainability, flourishing exposure to social media, and the government’s commitment to carbon neutrality, sustainable transfer has accelerated among Chinese people, especially within younger […]

BP and Didi partnership to make an EV charging network in China | Daxue Consulting

BP and DiDi partnership

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 […]