Chinese electric vehicle brands expand to global markets - Netscape Money & Business netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.
Chinese electric car exporters are starting to compete with global brands in their home markets. They bring fast-developing technology and low prices that Tesla's chief financial officer says “are scary.” BYD Auto is the biggest-selling Chinese electric brand. It opened a dealership in Japan in February. NIO, a maker of premium-priced SUVs, exports to Europe. The ruling Communist Party has made China the biggest EV market with the help of multibillion-dollar subsidies. The ruling party wants to make China a creator of renewable energy and other profitable technologies. Other Chinese EV exporters include Geely Group's Zeekr and Ora, a unit of SUV maker Great Wall Motors.
Chinese electric vehicle brands expand to global markets – Metro US metro.us - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from metro.us Daily Mail and Mail on Sunday newspapers.