Part 5/6:
While the Chinese market for EVs is thriving, exports to Europe have stalled this year due to the recently imposed tariffs. Experts predicted an average tariff of 25%, but many manufacturers have seen rates that exceed these expectations. Automakers facing tariffs now face significant pressure to adapt and adjust their strategies accordingly.
Despite these challenges, the China Passenger Car Association remains optimistic about the integration of Chinese automakers into the European market. The establishment of local factories, in tandem with an influx of hybrid vehicles, indicates a calculated strategy to capture market share.