Sales for Mitsubishi in China have been sluggish due to the popularity of electric vehicles and the rise of local brands. GAC Mitsubishi Motors has a factory in Hunan province. The company has halted production since March and will not resume operations.
New Energy Vehicles (NEVs) in China
- Thread starter supercat
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Sales for Mitsubishi in China have been sluggish due to the popularity of electric vehicles and the rise of local brands. GAC Mitsubishi Motors has a factory in Hunan province. The company has halted production since March and will not resume operations.
Nice. BYD and other electric automakers will pick up these stranded assets on the cheap.
lol, so i didn't actually expect this, but someone pointed out U8 is basically the ideal car for the Cartel
over 600 BYD cars delivered in Brazil on 23rd! including 122 Seal. That's huge. Brazil's demand for BYD cars is pretty high
weekly registration broken down by models. BYD dominating in sedan/hatchback & SUVs
Galaxy L7 basically has been muted by Song family
Leopard 5 has rolled off production line
as for Mitsubishi, this is just the beginning. Just a matter of time before honda and nissan exits china. Maybe Nissan before end of this year
over 600 BYD cars delivered in Brazil on 23rd! including 122 Seal. That's huge. Brazil's demand for BYD cars is pretty high
weekly registration broken down by models. BYD dominating in sedan/hatchback & SUVs
Galaxy L7 basically has been muted by Song family
Leopard 5 has rolled off production line
as for Mitsubishi, this is just the beginning. Just a matter of time before honda and nissan exits china. Maybe Nissan before end of this year
When U8 becomes popular in Mexico some brain dead senator is gonna use it as evidence of China-Cartel collaboration and shutdown BYD America.
Wouldn't a smart car like the U8 have a tracking built in the computer? It could be risky for criminals to use it.
beautiful looking new experience center for YangWang in Bund district of Shanghai
FTXT came out with 1000 km range heavy truck and 255kW motor
FTXT came out with 1000 km range heavy truck and 255kW motor
Mitsubishi has been in a death spiral for sometime except in emerging world regions.
It would be awesome if someone in the auto industry in China have painted victory markings on a domestic car for the foreign brands that have conceded.
Another reason is that many local partners are unwilling to sell their stake because it is a cash cow for them. If I'm not wrong BAIC/Mercedes and GAC/FCA are such examples