How Chinese EV makers can survive and thrive in Europe

Quick Summary:

China can produce affordable EVs for the world if executives adapt their management practices to fit with European cultural norms and regulations.

For instance, BYD is constructing its first European production facility in Hungary, and aims to start production in three years.

While the rationale of this strategy is sound, its successful implementation can be challenging.

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Article Details

Author / Journalist: Christopher Tang

Category: Business

Markets: Hong KongCanadaChinaHungaryUnited States

Topics: Years Vehicles Electric Tariffs Market Cent Firms Brussels European Chinese Europe

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-27 @ 05:30:08 (9 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 263 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 22738287

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About SCMP

Main Topics: Business

Official Website: scmp.com

Update Frequency: 15 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 2 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #42

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