When the European Union erected a tariff wall last year to slow the influx of Chinese-made electric cars, the intended message was clear: protect domestic industry. However, Chinese automakers seem to have read a different memo. Instead of retreating, companies like BYD, Geely, and SAIC have executed a strategic pivot that has seen them not only weather the storm but… Read more…
China’s automakers sidestep EU tariffs, doubling market share
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