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The Auto Market Is Transforming Due to Chinese EV Sales

China’s growing electric vehicle industry is transforming the global automobile market in a significant way. Until 10 years ago, China’s underdeveloped vehicle-manufacturing sector meant Chinese buyers mostly purchased cars from foreign automakers. However, western carmakers are finding it increasingly hard to attract buyers in China, thanks to the country’s EV sector.

With dozens of Chinese EV companies manufacturing multitudes of affordable electric cars, a growing number of local buyers are…

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NOTE TO INVESTORS: The latest news and updates relating to Life Electric Vehicles Holdings Inc. (OTC: LFEV) are available in the company’s newsroom at https://ibn.fm/LFEV

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