February 8, 2023

SpywareNews.com

Dedicated Forum to help removing adware, malware, spyware, ransomware, trojans, viruses and more!

Will Made-in-China EV’s Bring New Competition for Automakers?

Will Made-in-China EV’s Bring New Competition for Automakers?

The Washington Post reports:
China is already a huge manufacturer of electric vehicles for its own market, and it is increasingly making EVs for overseas buyers, too. Made-in-China EVs are hitting U.S. dealerships and European auto shows, providing new competition to Western and Japanese automakers that have long dominated the global vehicle market.
Examples from the article:
Polestar 2, from “an automaker headquartered in Sweden and controlled by Chinese billionaire Li Shufu… The company says it will start manufacturing its next model, the Polestar 3, in the United States in 2024.”Nio ET7, “an EV company founded in Shanghai by entrepreneur William Li. The company is selling its ET7 sedan in the Netherlands, Germany, Denmark, Sweden, and Norway, and has said it aims to enter the U.S. market in 2025.”China’s largest automaker, the state-owned SAIC, “bought the British MG brand in the early 2000s and is now selling several electric MG models in Europe.”

Read more of this story at Slashdot.