With additional tariffs making direct

With additional tariffs making direct exports less profitable, the scramble for the European market is not just about selling cars made in China into Europe—but about moving into Europe. Numerous Chinese brands are considering localising final assembly in the EU. BYD decided to build its first major passenger car production facility in Hungary. Others, like Chery, pursue joint ventureswith local companies. The first Chinese electric vehicle to be made in Europe is already in production in Poland, in a factory belonging to Stellantis—a Franco-US-Italian automotive conglomerate based in the Netherlands—where Leapmotor’s assembly line was set up. Volkswagen had been rumoured to be in talks with Chinese companies on another leasing or sell-off arrangement for its worst-performing factories in Germany too. สล็อต เว็บตรง