China Could Capture 37% of Global Auto Market by 2030

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In Europe, the bank’s analysts estimate that Chinese brands could capture 20 per cent of the market by 2030, up from the previous forecast of 18 per cent. Their current share stands at around 8 per cent, but growth rates have exceeded analysts’ expectations, notes Investing.

A survey by the UBS Evidence Lab of 12,000 consumers showed that 36 per cent of Europeans are willing to consider…