#Ev Market

Vietnamese brand Green SM, part of VinFast, has launched electric taxis in Los Angeles, marking the company's first step into the North American market. The fleet starts with 500 cars and full-time drivers.

In July 2026, car exports from China rose 88% to 923,000 units, while domestic sales fell 20% for a tenth consecutive month. Chinese brands are actively capturing the European electric vehicle market.

🚨 <b>Global Crisis Due to China?</b> Foreign Affairs magazine warns: overproduction in China threatens the global economy. 📉 <b>Key Figures for 2026:</b> • China's trade surplus — record $1.2 trillion. • Share in global industrial production — 30% (by 2030 — 45%). • Automotive industry: capacity of 55 million cars, domestic demand — 12 million. 🚗 <b>Blow to Europe:</b> Chinese brands have captured 12% of the EU market, German car exports to China fell by 25%. Experts call this a "subsidy trap" and a harbinger of protectionism. 🌍 <b>Result:</b> The world physically cannot absorb Chinese exports. Market fragmentation is coming.

Diesel cars are losing ground in Ukraine: only 30,000 units were sold in six months. 📉 Petrol has returned to the podium, and hybrids are steadily growing, displacing electric vehicles, whose sales have dropped by half. 🚗⚡️