China’s BYD is reportedly scaling back its full-year sales target as the electric vehicle market’s rapid surge begins to cool. Sources speaking to Reuters suggest this adjustment signals a potential slowdown after a period of remarkable growth
Exclusive: Local Chinese governments are turbocharging “zero-mileage” used car exports by rebranding brand-new vehicles as used, artificially inflating sales and growth figures, Reuters reveals. This strategy raises major concerns about data accuracy and market transparency