Chinese Brands Released 542 Models In Five Months And Officials Are Getting Worried

Chinese automakers are introducing new models at an insane rate. Last month, at least eight vehicles were introduced in a single day. 542 new models were reportedly released between January and May. There are a dizzying number of Chinese automakers and they’re in a mad dash to release new products. The numbers are truly staggering and executives seem to know the pace isn’t sustainable. var adpushup = window.adpushup = window.adpushup || {que:[]}; adpushup.que.push(function() { if (adpushup.config.platform !== “DESKTOP”){ adpushup.triggerAd(“0f7e3106-c4d6-4db4-8135-c508879a76f8”); } else { adpushup.triggerAd(“82503191-e1d1-435a-874f-9c78a2a54a2f”); } }); According to Nikkei Asia, BYD Executive Vice President He Zhiqi took to social media last month to say 542 models were released between January and…

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