China’s electric vehicle market is facing a striking paradox: while its automakers dominate global sales, domestic demand has stalled amid oversupply and shifting consumer priorities. Analysts point to a glut of unsold vehicles, rising interest rates, and changing buyer preferences as key factors behind weakening sales at home. Despite aggressive expansion overseas, Chinese brands struggle to replicate that success in their largest market. The trend raises questions about whether the industry’s growth model is sustainable without stronger local demand.
Too Many Cars, Too Few Buyers? Why Is China Winning Globally, But Losing Domestically NDTV
