SHANGHAI Chinese carmakers seeking global growth are building more car factories in overseas markets, as foreign regulators mull over imposing measures against imports of China-made electric cars.
Chery Auto is holding talks with the Italian government to manufacture there, Reuters reported on March 13. Should the talks succeed, Chery would be among the first Chinese carmakers with a European manufacturing presence.
The growing clout of China car exports has been causing friction with the United States and Europe.
Here is what Chinese carmakers are planning:
BYD
The world's largest electric vehicle (EV) maker has been building car factories in Thailand, Brazil, Hungary and Uzbekistan. BYD started production at the Uzbekistan plant in January. The factory has a planned annual production capacity of 300,000 vehicles.
Bu hikaye The Straits Times dergisinin March 18, 2024 sayısından alınmıştır.
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Bu hikaye The Straits Times dergisinin March 18, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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