Shift towards EVs creates opening for Chinese car manufacturers

A Chinese automaker has taken the lead on domestic market. Meanwhile, the number of Chinese electric vehicles sold globally is surging.
Chinese BYD is now selling more cars in China than Volkswagen, which has otherwise been leading the world's biggest automobile market for a decade. | Photo: Eugene Hoshiko/AP/Ritzau Scanpix
Chinese BYD is now selling more cars in China than Volkswagen, which has otherwise been leading the world's biggest automobile market for a decade. | Photo: Eugene Hoshiko/AP/Ritzau Scanpix
by anja hauge, translated by kristoffer grønbæk

With the introduction of electric vehicles, the power structure in the automobile industry is gradually shifting from Europe towards China, writes Danish business daily Børsen.

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