Chinese EV Makers Expanding into Eastern Europe to Bypass EU Tariffs

Chinese EV Makers Expanding into Eastern Europe to Bypass EU Tariffs

 
Share This Post
 
 

Chinese EV exports declined 13.2% in June, marking a third consecutive monthly drop due to new trade barriers from the US and EU. In response, BYD plans to invest $1 billion in a Turkish factory to bypass EU tariffs, with production starting by late 2026. This facility, along with a new factory in Hungary, highlights BYD's strategy to navigate regulatory challenges and sustain its European market presence.

Read the report

 

TechInsights

 
LinkedIn
X
YouTube
App Store
Google Play Store
 
 
EcoVadis
ISO 27001 Certified