PwC analysis shows German electric vehicles gaining momentum in China

According to an analysis by consulting firm PwC, German car manufacturers have made up ground on the world's electric car markets. In China, their largest sales market, they sold 49% more e-cars last year than in the previous year, growing twice as fast as the overall market, PwC said on Wednesday. In the fourth quarter, German manufacturers grew almost three times as fast as the Chinese market with an increase of 63%. Their market share increased by 1 percentage point to 5% in 2023. According t