including BYD, Chery, and Geely, are establishing manufacturing bases in Europe through factory construction and partnerships with rivals
Chinese automakers, including BYD, Chery, and Geely, are establishing manufacturing bases in Europe through factory construction and partnerships with rivals, aiming to overcome trade barriers and challenge local giants. This strategic shift turns Europe from an export market into a manufacturing foothold, driven by fierce competition and overcapacity in their home market. Their approach extends beyond merely avoiding EU tariffs, leveraging underused factories and local collaborations.
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