China’s EV surge threatens legacy automakers market dominance from GM to VW

As new, advanced EVs take over the auto market in China, legacy automakers, including Volkswagen, General Motors, Toyota, BMW, Honda, and Mercedes Benz, will all lose significant market share, according to a new Greenpeace report.

The legacy automakers, who once dominated the market in China, are now at risk of losing their positions to domestic EV makers in the region.

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Source: Charge Forward