Western countries’ positive stance on electric vehicles (EVs) has given Chinese carmakers from BYD to Leapmotor renewed vigour to step up their global expansion and counter a slowing domestic market, industry observers said.
Europe’s buoyant EV market last year lifted Chinese assemblers’ hopes to boost their exports to shore up their profits and hone their international image, they added.
“A welcoming attitude towards electrification is good news for Chinese EV makers because they enjoy…
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