Chinese EV brand Airways is pulling out of China’s car market because the competition is too fierce, report claims Company already has a European HQ in Germany and will focus its growth there Expansion to U.S. could follow by 2030, though Biden’s new 4x EV tariffs might have other ideas It’s not only Western brands like VW and Tesla that are struggling to compete with local firms in China’s cutthroat car market.
5 The move is partly connected with Aiways’ plan to take the company public later this year, according to Autocar’s intel. “The centre of Aiways global sales operations will switch to Europe, and more specifically Germany, following the listing, an Aiways source told the magazine. “There are no plans to remain in the Chinese market, due to the intense pricing pressure and competition there.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
The Crypto Industry’s Influence on U.S. Elections is Bigger Than Ever, Industry Insiders SayCheyenne Ligon is a CoinDesk news reporter with a focus on crypto regulation and policy. She has no significant crypto holdings.
Herkunft: CoinDesk - 🏆 291. / 63 Weiterlesen »
Well-built little Chinese EV called the Seagull poses big threat to U.S. auto industryA tiny, low-priced electric car called the Seagull was torn down in Detroit recently, and the discoveries have American automakers and politicians trembling.
Herkunft: therealautoblog - 🏆 528. / 51 Weiterlesen »
Kia's Research and Development Breakthroughs Drive Auto Industry InnovationSponsored Content by Kia for Newsweek Common Ground Brand Studio
Herkunft: Newsweek - 🏆 468. / 52 Weiterlesen »
Chinese EV called the Seagull poses big threat US auto industryThe car, launched last year by Chinese automaker BYD, sells for around $12,000 in China. But it drives well and is put together with craftsmanship that rivals…
Herkunft: NBCLA - 🏆 319. / 59 Weiterlesen »
Small, well-built Chinese EV called the Seagull poses a big threat to US auto industryA tiny, low-priced electric vehicle called the Seagull drives well and is put together with craftsmanship that rivals U.S.-made electric vehicles that cost three times as much.
Herkunft: KSLcom - 🏆 549. / 51 Weiterlesen »
Chinese EV called the Seagull poses a big threat to the U.S. auto industryA tiny, low-priced electric car called the Seagull has American automakers and politicians trembling.
Herkunft: WashTimes - 🏆 235. / 63 Weiterlesen »