EconomyChinese carmakers prepare to ramp up European production to sidestep tariffs and import quotas
Facing an EU import quota targeting their hybrid electric vehicles, Chinese carmakers are preparing to expand local production in Europe to support their global growth. They plan either to spend billions of yuan on their own factories or use idle plants belonging to international marques, seeking to sustain a sales boom in a major automotive market.
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South China Morning Post★★☆☆☆2026-10-20 08:00Original
Chinese carmakers prepare to ramp up European production to sidestep tariffs and import quotas
Economy