You can see from the title of the article that the China market is currently saturated.
But on a macro world level>
Regarding EV exports , in August, there were 204,000 EVs exported from China, up 103% YoY. They represented 41% of the total number of passenger cars exported from China, which means that exports are less electrified than domestic sales.
This means that Chinese OEMs are flexible and follow the slower EV adoption pace of export markets, which, come to think of it, is kind of ironic. We hear some people with power say that, if we delay EV adoption, we save the local automotive industry, because the Chinese won’t come and steal their cake ….
Which is why EU legacy automakers are attempted to influence their government officials to drop the All Electric target of 2035.
The Nissan Sylphy & VW Lavida are IC vehicles.