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Volkswagen:Competition From China EVs: Difference between revisions
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, 9 September 2024→Which Chinese companies have announced plans to start production in Europe?
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* 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 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 July 2024, Zeekr (owned by Geely) CEO Andy An said in a Bloomberg interview that they will proceed with localization work in Europe. However, he said production will be done in one of the plants owned by Geely or its partner<ref>https://www.bloomberg.com/news/articles/2024-07-19/geely-s-zeekr-considers-building-evs-in-europe-to-avoid-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>. | ||
* On April 2024, Dongfeng Motor announced that it is weighing opening a plant in Italy with annual production capacity of 100,000 vehicles. However, Dongfeng Motor will focus mostly on hybrids<ref>https://www.bloomberg.com/news/articles/2024-04-16/china-s-dongfeng-in-talks-with-italy-to-make-cars-to-build-europe-hub</ref>. | * On April 2024, Dongfeng Motor announced that it is weighing opening a plant in Italy with annual production capacity of 100,000 vehicles. However, Dongfeng Motor will focus mostly on hybrids<ref>https://www.bloomberg.com/news/articles/2024-04-16/china-s-dongfeng-in-talks-with-italy-to-make-cars-to-build-europe-hub</ref>. | ||