Western EV makers scaling back provides Chinese competitors challenges and opportunities

Peng Chen, DIGITIMES Asia, Taipei Tuesday 12 March 2024 0

Chinese EV makers might be affected by Western competitors delaying their plans. Credit: AFP

Slower demand for EVs has prompted European and US carmakers to delay their plans. Zhu Huarong, chairman of China-based Changan Automobile, said the situation will hamper Chinese EV companies' overseas expansions. However, it will also strengthen their...

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