| Thread Tools |
21st August 2023, 10:07 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
Posts: 148,802
| Chinese EV makers face hurdles in Europe Despite being cheaper and more advanced Chinese electric vehicle makers are turning out cheaper and more advanced products, but they might find it difficult to get into the European market. While Europe is keen to get people out of petrol cars, it does not want to make the logical step of making them affordable. Chinese brands BYD, Nio and SAIC's MG are starting to arrive and are making a promising start. Of new EVs sold in Europe this year, eight per cent were made by Chinese brands, up from six per cent last However European manufacturers are putting pressure on the EU about an "invasion" of cheap Chinese EVs in Europe. Of course, they could just bring down the price of EVs in Europe but it is probably cheaper just to give their local government a Chinese burn, so to speak. To be fair, some manufacturers are planning to slash manufacturing costs and prices, but this has not happened yet. The average price of an EV in China was less than 32,000 euros in the first half of 2022 compared with around 56,000 euros in Europe, according to researchers at Jato Dynamics. https://fudzilla.com/news/automotive...dles-in-europe |
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Chinese mobile phone makers surrender French markets to Samsung | Stefan Mileschin | WebNews | 0 | 10th May 2023 06:39 |
US government wants more sanctions against Chinese chip makers | Stefan Mileschin | WebNews | 0 | 16th March 2023 07:18 |
Intel wants US and Europe to press ahead with sweeteners to big chip makers | Stefan Mileschin | WebNews | 0 | 21st January 2022 08:07 |
Chinese smartphone makers looking away from US | Stefan Mileschin | WebNews | 0 | 29th May 2020 13:25 |
Chinese phone makers bring smartphone war to America | Stefan Mileschin | WebNews | 0 | 21st December 2017 05:33 |
Let’s Face It, Phone Makers Are Just Bored | Stefan Mileschin | WebNews | 0 | 19th October 2017 19:04 |
Car makers plan grid of super-fast EV chargers in Europe | Stefan Mileschin | WebNews | 0 | 2nd December 2016 18:56 |
Intel turns to Chinese tablet makers | Stefan Mileschin | WebNews | 0 | 16th April 2014 07:10 |
No Chinese knockoffs for wearable tech: Should smartwatch makers be worried? | Stefan Mileschin | WebNews | 0 | 20th January 2014 08:50 |
Chinese phone makers patents iPhone 5 design from leaks | Stefan Mileschin | WebNews | 0 | 10th September 2012 07:38 |
Thread Tools | |
| |