The Rise of China’s EV Giants and the Decline of Global Automakers

Reading Time : 2 minutesChina’s electric vehicle makers, like BYD and Xpeng, are revolutionizing the auto industry. Once dominated by global giants, the Chinese market now favors homegrown EV brands. As foreign automakers struggle, China’s rapid EV expansion is reshaping the global car market, signaling a new era in automotive competition.