Geely Explores European Plant Options
Geely Explores European Plant Options
Geely Explores European Plant Options
News summary

Chinese automakers Dongfeng Motor Group and Geely are evaluating the feasibility of establishing production facilities in Europe amid increasing tariffs on imported electric vehicles (EVs). Dongfeng's general manager emphasized the need to assess market prospects before committing to a factory, while Italian officials are in advanced discussions with the company to attract their investment. Geely's vice president confirmed ongoing talks with Poland regarding a potential EV plant, but noted that the country does not consider Geely an ideal partner. Geely is also exploring various location options across Europe, with plans to launch a battery-electric car in Italy soon. As the European Commission plans stricter tariffs on imports, both companies are among those looking to circumvent these duties by producing locally. This trend reflects a broader shift among Chinese automakers to establish a presence in the European market to mitigate trade barriers.

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