Etiqueta: Xpeng

Chinese Automakers Penetrate the Heart of Germany Directly

MUNICH (Reuters) -Chinese car makers are making inroads in Europe and executives say they are in the region to stay, underscoring a key reversal as brands from BYD to SAIC take market share on a continent where they once struggled to make sales. At this week's IAA Mobility car show in Munich, China's auto firms - facing a tough price war at home - were increasingly bullish about their plans for Europe, dominated still by local brands such as Volkswagen and Renault. "Everything we do starts with the needs of European users," said GAC's president of international operations Wei Haigang as the Chinese automaker showed off the Aion V electric SUV that will start sales in Poland, Portugal and Finland this month, and the Aion UT set to go on sale in Europe next year.

BYD has called for a massive wipeout of competition in China’s car market, demanding that nearly 100 manufacturers be removed from the field after Beijing

Almost 10% of EVs and hybrids and more than 5% of all cars sold in Europe in July were Chinese-built.

Europe's embattled car brands unveil a flurry of new models at the IAA Mobility conference, seeking to counter robust competition from China.

About 100 automakers need to be ‘pushed out’, says world’s largest electric-vehicle producer

BYD Co. is reinforcing its European expansion with new models and showrooms amid a bruising price war at home in China.