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EU automotive market expands as Chinese EV manufacturers increase market share
Zeit OnlineLO·EU · CN · BE·about 3 hours ago
Chinese electric vehicle manufacturers are aggressively targeting the Thai luxury automotive market, directly competing with established German brands like BMW and Mercedes-Benz. This shift marks a strategic pivot from mass-market dominance to high-margin segments, though the long-term impact on German market share remains uncertain due to brand loyalty and infrastructure constraints.