General Motors' stake in China's Electric Vehicle market - Cherwell Online

It saw record sales in 2020, surpassing all competitors in unit sales in the Chinese market except the Tesla Model 3.

It seems that in the future they will be looking to take advantage of the growing Chinese market and expand its market share there.

AdvertisementHowever, there are also huge hopes being placed in China EV market and automakers.

It can only be explained by the very high hopes currently being placed in China’s EV future, and in the future earnings of these Chinese EV firms.

I forecast that China’s EV market will continue to lead global demand and there will be a rise of Chinese automakers.