South China Morning Post
AsiaPac · 3 hrs ago
China’s EV giants are breathing new life into Europe’s ailing car industry
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China’s EV giants are breathing new life into Europe’s ailing car industry
From Sunderland to Spain, Chinese manufacturers are revitalising idle factories and investing where traditional European carmakers are pulling back.
Chinese carmakers are rapidly transforming from export-oriented manufacturers into embedded participants in Europe’s automotive industrial base, a shift increasingly visible across both continental Europe and Britain.
What began as a strategy focused on exporting low-cost electric vehicles (EVs) has evolved into a broader industrial expansion...
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