Sales Review of China’s Emerging EV Makers in 2024: Breakthroughs and Challenges

As December draws to a close, the annual performance of Chinese automakers is finalized. Reflecting on 2024, a year dominated by a relentless “price war,” several automakers exited the market, highlighting the harsh reality of China’s automotive industry. However, despite these challenges, the results published by emerging EV brands show continued growth. Amid this growth, significant shifts in market dynamics have already begun to unfold.