Europe s automakers and their
already-stretched suppliers face a tough year as they race to
cut costs for electric models to counter leaner Chinese rivals
which are bringing cheaper vehicles to.
Facing Chinese EV rivals, Europe's automakers squeeze suppliers on costs By Reuters investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.
Chinese EV: The difference between Europe s legacy automakers and more EV-focused Chinese manufacturers will be on stark display this week at the Geneva car show, which is returning after a four-year hiatus due to the pandemic. The only major companies holding media events are France s Renault, and China s SAIC and BYD - two of a number of the country s automakers that have set their sights on Europe.
Europe's automakers and their already-stretched suppliers face a tough year as they race to cut costs for electric models to counter leaner Chinese rivals.
Facing Chinese EV Rivals, Europe's Automakers Squeeze Suppliers on Costs voanews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from voanews.com Daily Mail and Mail on Sunday newspapers.