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Toyota and BMW are the latest casualties in China's evolving EV market

Toyota and BMW reported sinking profits on Wednesday, with sales in China slumping as both face growing competition from local automakers like BYD.


  • Nov 08 2024
  • 2
  • 283 Views
Toyota and BMW are the latest casualties in China's evolving EV market
Toyota and BMW are the latest casualties in China's evolving EV market
China's EV giants are rising, and it's putting foreign automakers under pressure in the world's largest car market. CFOTO/Future Publishing via Getty Images
  • Toyota and BMW both reported plun… [+2233 chars]

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