Chinese Hybrid Car Makers Eye Europe to Dodge EV Tariffs

Chinese Hybrid Car Makers Eye Europe to Dodge EV Tariffs

Chinese automakers are making a strategic‍ shift in their European expansion plans,focusing on hybrid vehicles to circumvent hefty tariffs imposed‍ on electric vehicles (evs).⁤ This ⁢move comes as the European Union (EU) implemented new⁣ tariffs on Chinese-made EVs,reaching up to 45.3%,⁤ in late October. Analysts predict a surge‍ in hybrid vehicle exports from China to … Read more