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Global Business News

The Economic Times

Global Business / The Economic Times

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Beijing auto show: Chinese EV makers target Europes luxury car turf

Chinese car makers are now targeting premium customers. Brands like Geely and Nio are launching advanced electric and hybrid vehicles. These new models offer more features at lower prices than German rivals. This shift is creating strong competition in China and abroad. German automakers are already seeing sales declines in China.

21 Apr 2026 11:27 am