Reported 7 months ago
Chinese electric vehicle manufacturer Nio expressed strong opposition to the European Union's increased tariffs on imported Chinese electric vehicles, but stated its unwavering dedication to the European EV market. Despite facing additional duties from the EU, Nio plans to continue serving users in Europe and exploring new opportunities, closely monitoring the situation for business decisions. Industry experts believe that Chinese EV firms like Tesla, Geely, and BYD still have significant growth potential in Europe despite the tariffs applied by Brussels.
Source: YAHOO