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Foreign auto brands boost investment in China's booming new energy vehicle market amid government support.
Foreign auto brands are increasing their investment and expanding their presence in China's rapidly growing new energy vehicle (NEV) market.
With China's production and sales of NEVs surpassing 12 million units in 2024, companies like Tesla, BMW, and Volkswagen are tailoring new models to meet Chinese consumer preferences for smart driving, networking, and green solutions.
The Chinese government's support through subsidies and infrastructure development is attracting foreign investment, despite challenges like unfair competition and trade barriers.
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Las marcas extranjeras de automóviles impulsan la inversión en el floreciente mercado de nuevos vehículos energéticos de China en medio del apoyo del gobierno.