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IDC: Top Ten Insights into the Auto Market in China for 2025.
IDC predicts the market for 2025 based on the latest trends in the Technology industry and the recent development of the China Autos market.
Automotive Sector To Remain Robust In 2025 Supported By EV Incentives
BYD (01211.HK) opened its first flagship store in Kuwait last Sunday, showcasing multiple Electric Vehicles models.
According to reports from domestic media, BYD (01211.HK) held the opening ceremony of its first flagship store in Kuwait on the 15th of this month, covering an area of 2,680 square meters, showcasing five models of Electric Vehicles including the "BYD Han", "Yuan PLUS", "Seagull", "Song PLUS DM-i", and "Qin PLUS DM-i". As of now, BYD has entered the markets of six Gulf countries including the UAE, Saudi Arabia, and Bahrain.
Financial Associated Press Autos Morning News [December 20th]
① The Passenger Vehicle retail market is expected to be around 2.7 million units in December, an increase of 14.8% year-on-year and a growth of 11.4% compared to the previous month; ② Reporters learned from several informed sources that Chongqing Sokon Industry Group Stock may go for a secondary listing in Hong Kong and will hire China Securities Co., Ltd. and China International Capital Corporation as its listing sponsorship team.
BYD Opens New Branch in Bristol and Warwick, UK, Marking a Milestone in Electric Vehicle Expansion
Cui Dongshu: Driven by the scrapping and replacement policy, the mid-to-low-end market of the automotive market is recovering.
This year, driven by the scrapping and updating policy, the mid- to low-end market of the automotive industry has warmed up, and the Consumer in the mid- to low-price segment is recovering.