Chinese Cars Gain Ground in Kazakhstan

Markets & Money Today | 2 Min News | The Daily News Now! - Podcast autorstwa The Daily News Now! - Piątki

Podcast artwork

Kategorie:

Chinese cars, once a rarity in Kazakhstan, are now a common sight on the roads. This shift is due to improved production methods, affordable prices, and technologically advanced features. European brands like BMW and Renault lost market share due to the Russia-Ukraine war, creating an opportunity for Chinese manufacturers. Chinese carmakers market presence grew from 2% in 2020 to 38% in 2024, thanks to competitive financing options and lower prices.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

Visit the podcast's native language site