Reported about 5 hours ago
Chinese automaker GAC is considering manufacturing electric vehicles (EVs) in Europe to avoid impending EU tariffs. With plans to launch an electric SUV at the Paris Auto Show, GAC's international business general manager expressed optimism about overcoming tariff impacts and emphasized local production as a potential solution. The company aims to sell 500,000 vehicles overseas by 2030, starting with a compact SUV expected in mid-2025.
Source: YAHOO