Volkswagen:Competition From China EVs: Difference between revisions

* According to reports, several Chinese EVs are stuck in European ports due to lack of sell networks and trucks to transport them to dealerships. According to someone familiar with the matter, most trucks have been reserved for the likes of Trucks. The Financial Times reported in April 2024 that some Chinese EVs were staying in the ports for more than 18 months<ref>https://www.ft.com/content/496f3bfa-9f0c-4145-9024-188572a280fd</ref>. In March 2024, BYD Europe CEO Michael Shu confirmed to Automotive News Europe that sales channels in Europe are complex. "We need to increase our sales, which will take time because we have to properly understand how to leverage the different sale channels. There are channels for private buyers, fleets, leasing companies and rental car firms to take into consideration. It is a very complex fusion," he said.<br />