Why China’s electric cars are piling up at European ports
China has a price advantage compared to Europe or the US, but in many countries, its vehicles are subject to high import tariffs that well may rise further
CHINA’S automotive industry has undergone a revolution over the past decade, from producing basic Western clones to making cars that equal the world’s best. As the manufacturing powerhouse of the world, China is also producing its cars in huge volumes.
However, Chinese cars are facing difficulties in finding buyers in Europe. Imported cars, many of which are Chinese electric vehicles, are piling up at European ports, with some spending up to 18 months in port car parks as manufacturers struggle to get them onto people’s driveways instead.
Why is this, though? Chinese electric vehicles, in particular, are getting positive reviews. Having driven them myself, I can attest to them matching, or even exceeding, the well-known European brands in range, quality and technology.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes