‘In Europe to Stay’: Chinese Carmakers Steal a Leaf From VW’s Playbook
7 Articles
7 Articles
How Chinese carmakers are stealing a leaf from VW's playbook
Chinese carmakers are making inroads in Europe and executives say they are in the region to stay, underscoring a key reversal as brands from BYD to SAIC take market share on a continent where they once struggled to make sales.
‘In Europe to stay’: Chinese carmakers steal a leaf from VW’s playbook
By Nick Carey MUNICH (Reuters) -Chinese car makers are making inroads in Europe and executives say they are in the region to stay, underscoring a key reversal as brands from BYD to SAIC take market share on a continent where they once struggled to make sales. At this week’s IAA Mobility car show in Munich, China’s auto firms – facing a tough price war at home – were increasingly bullish about their plans for Europe, dominated still by local bran…
Are the Chinese carmakers invading Europe?
At the IAA Mobility show in Munich, we can see an avalanche of Chinese carmakers expanding their European offer and/or preparing themselves to expand into the European market. On the other hand, we saw the leading German brands pull out all the stops in their efforts to counter the ‘Chinese invasion’. There are a lot of Chinese brands in Europe, so surely they can’t all be doing well? Some are hit or miss, some are priced too high, and some may …
BYD, one of China's largest automakers, will sell only locally produced electric vehicles in the European market from 2028. This was announced by the company's executive vice president Stella Li at the IAA Mobility auto show in Munich, Germany. BYD produces electric vehicles for the European market at two plants, in Hungary and Turkey. The Hungarian plant will start operating this year, and the Turkish one will start operating in 2026. BYD, whic…
'In Europe to stay': Chinese carmakers steal a leaf from VW's playbook
By Nick Carey MUNICH (Reuters) -Chinese car makers are making inroads in Europe and executives say they are in the region to stay, underscoring a key reversal as brands from BYD to SAIC take market share on a continent where they once struggled to make sales. At this week's IAA Mobility car show…
BYD has officially announced that all of its electric cars sold in the European market will eventually be manufactured there. And that should change a lot of things, especially for their price. [Read more] Your coffee and your dose of tech await you on WhatsApp every morning with Frandroid.
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