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Volkswagen:Competition From China EVs: Difference between revisions
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Revision as of 13:51, 2 September 2024
, 2 September 2024→Which Chinese companies have announced plans to start production in Europe?
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* On December 2023, BYD announced that it will build its first European passenger car factory in Szeged, Hungary. The company pointed out that the Szeged plant will be built in phases and will utilize '''integrated vertical supply chains, most advanced technology and highly automated production process'''<ref>https://www.byd.com/eu/news-list/BYD_to_Build_A_New_Energy_Passenger_Vehicle_Factory_in_Hungary_for_Localised_Production_in_Europe.html</ref>'''.''' | * On December 2023, BYD announced that it will build its first European passenger car factory in Szeged, Hungary. The company pointed out that the Szeged plant will be built in phases and will utilize '''integrated vertical supply chains, most advanced technology and highly automated production process'''<ref>https://www.byd.com/eu/news-list/BYD_to_Build_A_New_Energy_Passenger_Vehicle_Factory_in_Hungary_for_Localised_Production_in_Europe.html</ref>'''.''' | ||
* On May 2024, BYD's European director Michael Shu announced that the company is considering building a second plant in Europe in 2025. Michael Shu pointed out that BYD's '''Seagull model which starts in China at less than $10,000 will cost less than $20,000 in Europe.''' He added that they want to become a leading EV manufacturer in Europe by 2030<ref>https://www.reuters.com/business/autos-transportation/byd-will-consider-second-european-plant-2025executive-says-2024-05-09/</ref>. | * On May 2024, BYD's European director Michael Shu announced that the company is considering building a second plant in Europe in 2025. Michael Shu pointed out that BYD's '''Seagull model which starts in China at less than $10,000 will cost less than $20,000 in Europe.''' He added that they want to become a leading EV manufacturer in Europe by 2030<ref>https://www.reuters.com/business/autos-transportation/byd-will-consider-second-european-plant-2025executive-says-2024-05-09/</ref>. The Seagull is expected to deliver 190 miles (305 km) of range and have premium features such as a 10.1-inch infotainment screen, cruise control and fast wireless charging<ref>https://insideevs.com/news/720912/cheap-byd-seagull-ev-is-coming-for-europe/</ref>. | ||
* On August 2024, Xpeng CEO He Xiaopeng said in a Bloomberg interview that they are searching for a site for local production in Europe. He pointed out that they are looking to establish a site in an area with “relatively low labor risks.” Xpeng delivered 50,000 EVs in the first-half of 2024<ref>https://www.bloomberg.com/news/articles/2024-08-26/china-s-xpeng-aims-to-manufacture-evs-in-europe-to-blunt-tariffs</ref> | * On August 2024, Xpeng CEO He Xiaopeng said in a Bloomberg interview that they are searching for a site for local production in Europe. He pointed out that they are looking to establish a site in an area with “relatively low labor risks.” Xpeng delivered 50,000 EVs in the first-half of 2024<ref>https://www.bloomberg.com/news/articles/2024-08-26/china-s-xpeng-aims-to-manufacture-evs-in-europe-to-blunt-tariffs</ref> | ||
* On April 2024, Chery acquired a former Nissan plant in Barcelona, its first plant in Europe. Through a joint venture established with a Barcelona company, Ebro EV-Motors, Chery aims to produce 150,000 EVs in 2029. Chery exported 937,148 million units in 2023<ref>https://catalonia.com/w/chinese-company-chery-chooses-barcelona-for-its-first-electric-car-plant-in-europe#:~:text=Chinese%20company%20Chery%20chooses%20Barcelona%20for%20its%20first%20electric%20car%20plant%20in%20Europe,-Business%20Investments%20%C2%B7%20Automotive&text=Chery%20has%20signed%20an%20agreement,in%20Zona%20Franca%20(Barcelona).</ref>. | * On April 2024, Chery acquired a former Nissan plant in Barcelona, its first plant in Europe. Through a joint venture established with a Barcelona company, Ebro EV-Motors, Chery aims to produce 150,000 EVs in 2029. Chery exported 937,148 million units in 2023<ref>https://catalonia.com/w/chinese-company-chery-chooses-barcelona-for-its-first-electric-car-plant-in-europe#:~:text=Chinese%20company%20Chery%20chooses%20Barcelona%20for%20its%20first%20electric%20car%20plant%20in%20Europe,-Business%20Investments%20%C2%B7%20Automotive&text=Chery%20has%20signed%20an%20agreement,in%20Zona%20Franca%20(Barcelona).</ref>. | ||