The auto industry in China: New Technologies, Old Challenges

9/11/2017 - Report
ic_blogtagEconomic OutlookChinaAutomotiveGrowthIndustrial ProductionIndustry

  • 30 million new vehicles are forecast  to be sold in China in 2019, despite decelerating momentum . 
  • Overcapacity persists, while moving from volumes to value based growth  
  • Active industrial policy and high subsidies (23% of the EV retail price is subsidized) to drive growth


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