Chinese automakers to take majority of home market for first time
But competitive pricing, faster rollouts of new models and the rise of domestic electric carmakers like BYD, Nio and Xpeng Motors have changed the dynamic for made-in-China auto brands.AlixPartners forecast China's overall
By contrast, the U.S. government has provided $12 billion in subsidies over that time, AlixPartners said. That competitiveness will make Chinese automakers as disruptive to established global automakers in coming years as"It would be the best for foreign brands to learn from new Chinese EV startups if they want to survive in China or face the disruptive impact from those brands in their home markets," Dyer said at a briefing.
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