Auto Wars: How China Is Shattering Japan's Automotive Dominance

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Agricultural News

Published on Nov 24, 2024
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Chinese automakers, such as BYD, have invested heavily in the development and production of electric vehicles. The Chinese government’s strong support for the EV industry has accelerated the adoption of this technology, allowing Chinese manufacturers to offer electric vehicles at competitive prices in the global market. This move, in turn, has displaced and even destroyed the dominance of the Japanese auto industry. This, while a winning move for China, is also a rather painful revenge for Japan.

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