The second quarter turned out to be a bad one for the automotive industry: The overall profit of the 16 largest automobile groups fell by 18 %. Only four of these 16 OEMs were able to increase their sales compared to the previous year.
China is the largest e-car market in the world in terms of unit numbers. However, it’s a much smaller country that leads in terms of market share. Germany is in the mid-table of the major markets but is catching up.