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China’s EV Giants Push Forward Despite EU Tariff Challenges


Photo by Reuters

Summary


  • Chinese EV makers express confidence in European market entry despite EU tariffs.

  • Industry leaders cite price and production advantages as key competitive strengths.

  • Tariffs of up to 35.3% are unlikely to deter Chinese EV brands, according to officials.


 

In a show of resilience, China’s electric vehicle manufacturers are pressing forward with plans to expand in the European Union market, even as tariffs of up to 35.3% loom. Speaking at the China International Import Expo (CIIE) in Shanghai, industry officials affirmed their commitment to competing abroad, citing competitive pricing and efficient production capabilities as the backbone of their strategy.

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