China-Made EVs Fill European Ports as Buyers Remain Wary
The Chinese automotive industry has run headlong into an issue that may prevent it from competing effectively in foreign markets: buyers are not buying electric cars manufactured in China. The east Asian nation's auto industry has come a significantly long way over the past several decades, evolving from a sector that essentially produced clones of Western vehicles to one that's now producing some of the best vehicles on the globe. Years of major investments by Beijing have helped car manufacturers in China cut vehicle production costs by a wide margin, allowing them to price their cars at much lower price…
