China shifts to electric overdrive as Mitsubishi takes the off-ramp

Publisher:
East Asia Forum
Publication Type:
Journal Article
Citation:
2023
Issue Date:
2023-11-29
Full metadata record
Japanese automaker Mitsubishi Motors announced in October 2023 it was pulling out of a joint venture with the Guangzhou Automobile Group (GAC) amid declining sales and fierce competition from electric and hybrid vehicles. The decision highlights the broader challenges that foreign automakers face in China and the significant shifts in the global automotive sector.
Please use this identifier to cite or link to this item: