Chinese EV makers bet big on global expansion as domestic growth slows
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Chinese EV makers bet big on global expansion as domestic growth slows
> Chinese electric vehicle makers are charging ahead with bold targets for 2026, even as signs of fatigue emerge in their home market.
> With domestic demand slowing and competition intensifying, many are turning to consumers overseas to sustain growth, aided by a recent easing of trade tensions between #China and the European Union.
> Last week’s breakthrough agreement between Beijing and Brussels to introduce a price floor on Chinese-made EVs – which will replace #EU-imposed #tariffs of up to 35 per cent – is also offering exporters a timely reprieve.
https://www.channelnewsasia.com/east-asia/china-electric-vehicles-ev-sales-domestic-international-market-growth-5873696 #DonaldTrump #MAGA #electricvehicles #EV -
Chinese EV makers bet big on global expansion as domestic growth slows
> Chinese electric vehicle makers are charging ahead with bold targets for 2026, even as signs of fatigue emerge in their home market.
> With domestic demand slowing and competition intensifying, many are turning to consumers overseas to sustain growth, aided by a recent easing of trade tensions between #China and the European Union.
> Last week’s breakthrough agreement between Beijing and Brussels to introduce a price floor on Chinese-made EVs – which will replace #EU-imposed #tariffs of up to 35 per cent – is also offering exporters a timely reprieve.
https://www.channelnewsasia.com/east-asia/china-electric-vehicles-ev-sales-domestic-international-market-growth-5873696 #DonaldTrump #MAGA #electricvehicles #EV@i47i A group of people gather around a large, black and silver flying vehicle with a transparent cabin, situated indoors or under a covered structure with a city skyline and water visible in the background. The vehicle features multiple propellers and landing legs. Inside the cabin, at least two people are seated. A person in a dark suit stands outside the cabin, holding a smartphone to take a photo. Another individual in the foreground holds a camera to photograph the scene. To the left, part of a white vehicle with large wheels is visible. The background shows a cityscape with buildings and a body of water under a bright sky.
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