The sales of nationally produced vehicles is China is outpacing those of their Western rivals, reports say.
This signals growing confidence in China’s electric-vehicle makers, as well as a triumph for Beijing’s industrial policy.
Local brands captured 54% of China’s wholesale car market in the first six months of 2023, from 48% a year earlier.
That was the second consecutive time local brands sales have surpassed foreign ones on a half-year basis.
