Science Applications International Corp. engages in the provision of full life cycle services and solutions in the technical, engineering, intelligence, and enterprise information technology markets. It offers technology and equipment platform integration; maintenance of ground and maritime systems; logistics; training and simulation; operation and program support services; and end-to-end services such as the design, development, integration, deployment, management and operations, and sustainment and security of its customer's information technology infrastructure. The company was founded by J. Robert Beyster in 1969 and is headquartered in McLean, VA.
Plugin vehicles in China achieved a record 53% market share in October, with over 1.19 million sales, marking a 57% year-over-year increase. BYD dominated the market, securing eight of the top ten spots, led by the BYD Song, while Tesla's Model Y ranked sixth. The overall market is projected to approach 50% electrification by year-end, with significant growth in both BEVs and PHEVs.
Foreign automakers are struggling to maintain their market share in China's rapidly evolving electric vehicle sector, with many facing declining revenues and increased competition from domestic brands like BYD and Geely. Analysts suggest that partnerships with local companies are essential for survival, as traditional fossil fuel-based manufacturers adapt to a market where new energy vehicles dominate. Despite the challenges, foreign firms are investing in joint ventures and advanced technologies to remain competitive, though the landscape remains fiercely competitive.
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