China’s dealers ditch foreign-branded petrol cars for homegrown EVs

News Snapshot:

After a months-long makeover this year at a car dealership on the outskirts of Shanghai, the models of Japanese luxury marque Infiniti, part of Nissan, are gone from the forecourt. Taking their place inside a sleek new showroom are sedans and sport utility vehicles produced by Zeekr, a premium electric vehicle sub-brand of Chinese carmaking conglomerate Geely. The new Shanghai outlet is the second to be converted into a “Zeekr House” in the past year by Yongda Auto, China’s fourth-largest dealer chain by revenue. The other facility, located in the eastern city of Changzhou, previously distributed cars under the Roewe...