Except for a relatively sluggish commercial vehicle market, China's automobile industry outperformed expectations in 2024, with total sales, NEV production and sales, and exports exceeding prior forecasts, the China Association of Automobile Manufacturers (CAAM) said on Monday. Last year, the country achieved cumulative... read full story
"China is no longer just the world's largest market but also a global R&D hub for cutting-edge automotive technologies. Multinational companies must leverage these resources to redefine China's role in their global operations,"