the divergence between the ups and downs of chinese auto stocks is intensifying. shares of byd, china’s largest new-energy vehicle maker including pure electric vehicles (evs), are down 24 % from the beginning of 2023, [...] ,protectionism around pure electric vehicles (evs) is intensifying in europe. in france, some vehicles produced in asia, such as mg motor, the british brand of shanghai automotive group, are expected to be excluded from subsidies [...] ,china’s exports are dropping in price. unit prices for 70 % of major products such as steel and automobiles have fallen. in terms of the chinese economy, domestic demand is sluggish and the tendency for [...] ,on november 29, toyota relaunched the “70” series of the landcruiser (land cruiser), a large suv, in japan. this is a classic and popular car that toyota sold in japan from 1984 to 2004, and [...]
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