Thursday, November 21, 2019

Global automakers raise bet on gasoline crossovers, SUVs in search of growth opportunities

Global automakers raise bet on gasoline crossovers, SUVs in search of growth opportunities https://ift.tt/339DVnk

With China's carbon credit program enacted at the start of this year, Beijing seeks to expand annual electrified vehicle output in China to 2 million in 2020 from 1.27 million in 2018. But for global automakers operating in the country, the top priority is to find out ways to revive weak sales amid the slowing Chinese economy.

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