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Automakers

China-built EVs tripled German market share in Q1

BYD ATTO 3.png
Chinese automaker BYD is gaining a foothold in European countries such as Germany with electric models including the Atto 3. (BYD Co.)
R
By:
Reuters
May 12, 2023 08:47 AM

BERLIN -- The market share of electric cars exported to Germany from China more than tripled in the first quarter, a worrying sign for German automakers struggling to keep up with their fast-moving Chinese peers.

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