8 ms·
> I haven't seen a single one of these and with the Chinese market as large as it is I'm sure that they could stay away from other markets for a long time witho
by traek 3y ago
> I haven't seen a single one of these and with the Chinese market as large as it is I'm sure that they could stay away from other markets for a long time without exporting their BEVs to countries where they will have to face competition from established Western brands.
Sure, but they aren’t. These Chinese EV manufacturers are coming for the world market.
Volvo is now owned by a Chinese company, Geely, and they’re manufacturing EVs in China based on a Geely platform for global export[0]. Polestar, also owned by Geely, is a Western market EV brand exported from China[1]. BYD is already planning to build factories and sell cars in Europe[2].
[0] https://asia.nikkei.com/Editor-s-Picks/Interview/Volvo-to-export-all-new-compact-EV-from-China-CEO https://asia.nikkei.com/Editor-s-Picks/Interview/Volvo-to-ex...
[1] https://www.washingtonpost.com/technology/2022/11/26/polestar-china-ev/ https://www.washingtonpost.com/technology/2022/11/26/polesta...
[2] https://www.bloomberg.com/news/articles/2023-02-07/byd-building-own-europe-factory-more-likely-than-taking-one-over https://www.bloomberg.com/news/articles/2023-02-07/byd-build...