Car industry: USA and Japan are also und • Table.Briefings

Japan’s traditional brand, Honda, plans to reduce its capacity in China by 20 percent.

The problems of German car manufacturers in the Chinese market are well known. But the Germans are not the only ones to have started too slowly into the electric era. The situation at some Japanese and traditional US manufacturers is much more dramatic.

The EV boom in the Chinese market is putting the once-dominant international car manufacturers under increasing pressure. Japanese manufacturers Nissan and Honda are the most recent examples of this change, in which the combustion engine is rapidly losing importance in the world’s second-largest car market.

Car industry: USA and Japan are also under pressure

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