{"componentChunkName":"component---src-templates-blog-post-js","path":"/blog/electric-cars-chinese-carmakers-are-outpacing-german-giants/","result":{"data":{"site":{"siteMetadata":{"title":"No Frills News"}},"contentfulNfnPost":{"postTitle":"Electric cars: Chinese carmakers are outpacing German giants","slug":"electric-cars-chinese-carmakers-are-outpacing-german-giants","createdLocal":"2023-08-07 14:31:09.933783","publishDate":"None","feedName":"Autonomous Vehicle News","sourceUrl":{"sourceUrl":"https://news.abs-cbn.com/business/08/07/23/electric-cars-chinese-carmakers-are-outpacing-german-giants"},"postSummary":{"childMarkdownRemark":{"html":"<p>The country's car manufacturers are also facing headwinds but theirs are magnified by rising structural problems in the once-powerful industry.\nChinese manufacturers are also making rapid technological progress catching up fast with industry bellwether, Tesla.\nChinese car buyers, from both the middle class as well as higher income brackets, are increasingly favoring domestic brands.\nThe tie-up with the Chinese startup has a price tag of $700 million for VW and aims to bring two electric VW models to the Chinese market by 2026.\nEuropean manufacturers would increasingly also be pressured by Chinese electric vehicle manufacturers in their home markets.</p>"}}}},"pageContext":{"slug":"electric-cars-chinese-carmakers-are-outpacing-german-giants"}}}