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Chevrolet Exits China After 21 Years, Shifts Focus to Exports
Key Takeaways
- Chevrolet exits China after 21 years due to plummeting sales and lack of EV competitiveness.
- Plug-in vehicle market in China has risen to 63% of auto sales.
- Chevrolet will continue manufacturing in China for export to other markets.
- GM and SAIC extend joint venture to 2047, plan 30 NEV models by 2030.
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DT Editorial Team··via cleantechnica.com
