{"id":586407,"date":"2023-05-10T00:00:00","date_gmt":"2023-05-10T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/10\/china-plays-pacman-with-ev-market-share-is-messi-following-cr7-to-ksa\/"},"modified":"2023-05-10T00:00:00","modified_gmt":"2023-05-10T00:00:00","slug":"china-plays-pacman-with-ev-market-share-is-messi-following-cr7-to-ksa","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/10\/china-plays-pacman-with-ev-market-share-is-messi-following-cr7-to-ksa\/","title":{"rendered":"China plays PacMan with EV market share + Is Messi following CR7 to KSA?"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">China\u2019s share of the global electric vehicle market is booming<\/span><span style=\"\">, with Chinese-manufactured<\/span><span> EVs growing their footprint even in countries that manufacture their own EVs, according to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/apnews.com\/article\/china-electric-car-ev-technology-byd-c7fda57fb0f761c637a71f9f9e7d8b67?utm_source=homepage&utm_medium=TopNews&utm_campaign=position_08\" style=\"\">the Associated Press<\/a><\/span><span>. China\u2019s EV growth comes as EVs <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f66d4ed3-15b0-4dce-ae6f-13ec447e9721\" style=\"\">are accounting for a larger share<\/a><\/span><span> of the broader automotive market, as China-made EVs offer cutting-edge technology at more affordable price points. <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.byd.com\/us\" style=\"\">BYD Auto<\/a><\/span><span style=\"font-weight:400;\"> is among a number of Chinese EV automakers ramping up their efforts to compete with Western and Japanese car brands in their home markets, although the current political climate has made it challenging for Chinese companies to plant a flag in the US, a GlobalData analyst tells the AP. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The competition intensifies between BYD Auto and Tesla:<\/span><span style=\"\"> BYD Auto sold 1.86 mn electric<\/span><span> and plug-in hybrid cars in 2022, which is more than the last four years of sales combined. Half of its sales were battery-only EVs. Tesla, on the other hand, sold 1.3 mn EVs, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-03-28\/byd-s-net-income-jumps-more-than-400-on-ev-sales-surge#xj4y7vzkg\" style=\"\">Bloomberg<\/a><\/span><span style=\"font-weight:400;\"> reports. BYD Auto has established itself in European markets through partnerships with dealership chains in countries including the UK, Sweden, Germany, and the Netherlands. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">Is Messi going to Saudi?<\/span><span style=\"\"> Argentina\u2019s Lionel Messi could join his arch-rival Cristiano Ronaldo in<\/span><span> the Saudi league next season for undisclosed megabucks, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.france24.com\/en\/live-news\/20230509-messi-s-move-to-saudi-a-done-deal-source\" style=\"\">AFP<\/a><\/span><span> reports, citing a source with knowledge of the matter.<\/span><span> Qatar-owned French club Paris Saint-Germain (PSG) \u2014 where Messi currently plays \u2014 neither confirmed nor denied the news, but did note that the football star\u2019s contract expires on 30 June. Portuguese soccer star <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bf051fb3-e30d-4697-9e98-6df976fb7d26\" style=\"\">Cristiano Ronaldo signed a two year contract<\/a><\/span><span style=\"font-weight:400;\"> in January with Saudi-based Al Nasser club for an annual salary of c.EUR 200 mn after leaving Manchester United in November, making him the highest paid player in football history.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chinese-manufactured electric vehicles are proving more competitive \u2014 and appealing \u2014 than competitors<\/p>\n","protected":false},"author":1,"featured_media":586408,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[116,633,356,638,162],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-586407","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-china","tag-enterprisepm","tag-evs","tag-for-your-commute","tag-sports","wpautop","entry"],"acf":{"mongo_id":"e82b16d1-fc9d-464c-bc23-7a145b1ca75a","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/8\/555.jpg","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[586402],"teaser":"Chinese-manufactured electric vehicles are proving more competitive \u2014 and appealing \u2014 than competitors","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/5\/.256e8a94-b176-4af8-8231-fb5e9f584242.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>China plays PacMan with EV market share + Is Messi following CR7 to KSA? - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2023\/05\/10\/china-plays-pacman-with-ev-market-share-is-messi-following-cr7-to-ksa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China plays PacMan with EV market share + Is Messi following CR7 to KSA?\" \/>\n<meta property=\"og:description\" content=\"Chinese-manufactured electric vehicles are proving more competitive \u2014 and appealing \u2014 than competitors\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/05\/10\/china-plays-pacman-with-ev-market-share-is-messi-following-cr7-to-ksa\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-10T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/8\/555.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/05\/10\/china-plays-pacman-with-ev-market-share-is-messi-following-cr7-to-ksa\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/05\/10\/china-plays-pacman-with-ev-market-share-is-messi-following-cr7-to-ksa\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"China plays PacMan with EV market share + Is Messi following CR7 to KSA?\",\"datePublished\":\"2023-05-10T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/05\/10\/china-plays-pacman-with-ev-market-share-is-messi-following-cr7-to-ksa\/\"},\"wordCount\":294,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/05\/10\/china-plays-pacman-with-ev-market-share-is-messi-following-cr7-to-ksa\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/8\/555.jpg?fit=%2C&ssl=1\",\"keywords\":[\"China\",\"EnterprisePM\",\"EVs\",\"FOR YOUR COMMUTE\",\"sports\"],\"articleSection\":[\"FOR YOUR COMMUTE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/05\/10\/china-plays-pacman-with-ev-market-share-is-messi-following-cr7-to-ksa\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/05\/10\/china-plays-pacman-with-ev-market-share-is-messi-following-cr7-to-ksa\/\",\"name\":\"China plays PacMan with EV market share + Is Messi following CR7 to KSA? 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El Nasr Automotive has signed an MoU with Chinese car manufacturer BAIC Group to produce EVs in Egypt and is planning to sign final contracts by the end of July, a source with\u2026","rel":"","context":"In &quot;Automotive&quot;","block_context":{"text":"Automotive","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/automotive\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/9\/cars-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":580805,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/19\/demand-in-china-and-europe-is-pushing-up-evs-global-market-share-the-crypto-market-may-be-thawing\/","url_meta":{"origin":586407,"position":1},"title":"Demand in China and Europe is pushing up EVs\u2019 global market share + The crypto market may be thawing","author":"enterpriseam admin","date":"19 January 2023","format":false,"excerpt":"EVs are getting a bigger slice of the market share pie, thanks to China + Europe: Out of the c.80.6 mn cars sold worldwide last year, electric vehicles accounted for 10%, marking a \u201cmilestone\u201d for EVs\u2019 market share, the Wall Street Journal reports, citing industry data. 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