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Economic forecasts have predicted a heavy centralisation of the electric automotive industry, driven by competition and company buyouts, with just 15 brands expected to still exist by 2030, down from 130 currently, and from 487 in 2018.
By , in Asia, World, Economy · 09 Aug 2025, 16:31 · 0 Comments
This competition has incentivised companies to expand abroad, spearheaded by over 30 electric vehicle manufacturers, many of which had not seen profits in the Chinese market.
New regulations have been set in place by China’s economic planning agency, setting a cost floor for EVs, mandating that they are not sold at a price below the cost to manufacture.
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In Asia, World, Environment, Sustainability - 11 Oct 2025, 18:31
In Asia, World, Sustainability - 11 Oct 2025, 17:31
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