Japanese car sales in China missing out on EV boom

[beijingwalker]

Japanese car sales in China missing out on EV boom​

September 12 2023

Sales of Japanese cars in China fell last month despite a rise in total vehicle demand. A rapid shift of consumers to electric models put Nissan, Honda and Toyota at a disadvantage.

The China Association of Automobile Manufacturers said new car sales rose 8.4 percent overall in August from a year earlier to almost 2.6 million units.

Sales of electric and other new energy vehicles jumped 27 percent from the same month a year ago.

Nissan sales dropped 28.9 percent in the month, while Honda reported a 25.1 percent fall and Toyota disclosed a 6.6 percent slump. The makers are facing more competition from Chinese brands that are focused on electric vehicles.

Japanese car sales in China missing out on EV boom | NHK WORLD-JAPAN News

Sales of Japanese cars in China fell last month despite a rise in total vehicle demand. A rapid shift of consumers to electric models put Nissan, Honda and Toyota at a disadvantage.

www3.nhk.or.jp