Alarm bells ring as China EV exports rise sharply
Europe is waking up to the challenge from Chinese automakers - but is it fair competition?
14 September 2023
14 September 2023
Europe is waking up to the challenge from Chinese automakers - but is it fair competition?
“Their price is kept artificially low by huge state subsidies. This is distorting our market”
Japanese automotive manufacturer Denso will modernise its Battle Creek thermal facility in Michigan, which employs around 2,100 workers.
Integrating its fuel cell technology into heavy duty trucks
To enable the production of lithium-ion batteries in North America with recycled metals
Overall demand for light vehicles remained strong
Electric models are now built in four factories
Plans to expand into seven new Asia-Pacific countries over the next year
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The middle class is expanding throughout several Asian nations, which has increased demand for linked and intelligent vehicles. Consumer demand for features like connected services, in-car infotainment, and ADAS has accelerated the development of connected vehicle technologies. APAC nations have made significant investments in enhancing their digital infrastructure, including the rollout of 5G networks, which help to provide dependable and quick communication between vehicles and the surrounding infrastructure.
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