Chinese EV makers scout new growth in EU and US

0

China’s domestic automakers are looking west for new growth opportunities. Past attempts at cracking Europe and North America have not gone well, and the availability of Chinese models today reflects this.

Rising demand for electric vehicles (EVs) in both markets and a willingness to embrace new brands make the prospects look quite different this time around.

Xpeng SUVs boarding Chinese ferry
China-made EVs are making their way into Europe

China is currently the world’s…

FOLLOW US ON GOOGLE NEWS

Source

Leave a comment